1. The document discusses a research project analyzing the position of women directors in company management under the Companies Act of 2013.
2. It will examine the need for appointing women directors, their roles and responsibilities, problems with the rule's implementation, and an overall analysis of the current scenario.
3. The objectives are to understand the relevance of women directors, analyze the impact of implementing related provisions, examine case studies, and evaluate how well the act has been followed.
CRITICAL ANALYSIS OF POSITION OF WOMEN DIRECTOR IN.pptx
1. CRITICAL ANALYSIS OF POSITION OF WOMEN DIRECTOR
IN COMPANY MANAGEMENT
INTER DISCIPLINARY PROJECT (SYNOPSIS)
UNDER THE GUIDANCE OF :-
MR. SHREYAS VYAS
2. INTRODUCTION
This project is based on the concept of Women Directors which
come up with Companies Act, 2013 where the government
added an ordinance and made it mandatory to appoint a
women director in the board of directors of Company meeting
specific criteria. It shrined in the second Proviso to Section
149(1) read with Rule 3 of the Companies(Appointment and
Qualification of directors)Rules,2014. This research project will
contain condition of women director in companies in India. The
addressed topic in the project will be :
Need for appointing women director in the company
Roles and responsibilities
Problems with the rule
Implementation of the rule
Overall analysis and required changes of the present scenario
In this project we will discuss about the evolution of the concept.
3. PROBLEMS
Now there are certain problems to occur in due course
of this research project related to the company act
2013.
It may be the changes that have occurred and might
occur in the company’s policy.
The abilities of the women director appointed might
not be up to the mark if the company’s focus is not
towards empowering women and just to fulfil a law.
There also might be some cases where a women
director is appointed just for the sake of it where as
the actual work is done by some other member of the
company.
A faulty execution might also create a problem in the
future run.
4. The need for research is to study the whole concept of
the women director in context of India and also to do
an critical analysis of condition of women director in
companies and also effectiveness of the
implementation of the rule.
NEED FOR THE
RESEARCH
5. To understand the
relevance of
women directors in
company
management.
1.
To understand the
impact of the
implementation of
provisions relating
to women
directors.
2.
To analyze the case
studies. To generate
a research on the
proper
implementation of
this act.
3.
To go beyond just
execution and look
into the fact that
to what extent the
act is being
followed and
implemented.
4.
OBJECTIVES OF THE RESEARCH
IN ACCORDANCE TO THE COMPANIES ACT 2013, WE FOCUS OUR OBJECTIVE IN ORDER TO
STUDY ABOUT THE TOPICS COVERED UNDER THIS ACT DURING THE ANCIENT, MEDIEVAL AND
MODERN ERA. THE OBJECTIVES OF THIS RESEARCH ARE AS FOLLOWS:-
6. According to the present research Hypothesis
Parliament of India enacted Indian companies Act in 1986,
which enabled companies to be formed by registration, sets
out the responsibilities of companies, their executive
director and secretaries and also provides for the procedure
of its winding. Companies Act 1956 was separated into 13
parts having 658 sections, along with 15 schedules
Later in 2013, the Companies Act 2013 which is the Act of
Parliament of India on Indian company law which regulates
incorporation of a company responsibilities of a company,
directors, dissolution of a company. The 2013 Act is divided
into 29 chapters containing 470 sections as against 658
Sections in the Companies Act, 1956 and has 7 schedules.
However, currently there are only 438 (470-39+7) sections
remains in this Act. The Act has replaced The Companies
Act, 1956 (in a partial manner) after receiving the assent of
the President of India on 29 August 2013. The Act came into
into force on 12 September 2013 with few changes like
earlier private companies maximum number of members
were 50 and now it will be 200. A new term of "one-person
company" is included in this act that will be a private
company and with only 98 provisions of the Act notified. A
total of another 184 sections came into force from 1 April
2014.
HYPOTHESIS
7. The Ministry of Corporate Affairs thereafter published
a notification for exempting private companies from
the ambit of various sections under the Companies
Act.
The 2013 legislation has stipulations for increased
responsibilities of corporate executives in the IT sector,
increasing India's safeguards against organised cyber
crime by allowing CEO's and CTO's to be prosecuted in
cases of IT failure.
Minister of Corporate Affairs, Nirmala Sitharaman
introduced The Companies (Amendment) Bill, 2020. It
was passed by the parliament in 2020.
HYPOTHESIS
8. SCOPE & LIMITATIONS
PREVIOUSLY WOMEN WERE ALWAYS TREATED BELOW MEN IN ALL ASPECTS BUT WITH CHANGING TIME
CERTAIN LAWS HAVE BEEN ENACTED BY THE GOVERNMENT SO AS TO KEEP MEN AND WOMAN AT PAR.
IN THE 20TH CENTURY ENGAGEMENT OF WOMAN IN THE WORKPLACE HAS ALSO BEEN NOTICED. VERY
FEW WOMEN ARE ENGAGED IN HIGH PROFILE BUSINESS, BUT THE GOVERNMENT BY THE ENACTMENT
OF VARIOUS LAWS HAS MANDATED THE PRESENCE OF AT LEAST 1 WOMAN DIRECTOR ON THE BOARD,
AND ITS EFFECT CAN BE SEEN AS THE IMPROVEMENT IN THE FINANCIAL PERFORMANCE OF THE
COMPANY.
RESEARCH HAS SHOWN THAT WOMEN ON COMPANY BOARDS NOT ONLY SUCCESSFULLY INCREASE
PRODUCTION AND SALES BUT ENHANCE THE COMPANY’S CORPORATE IMAGE AS WELL.
9. SCOPE & LIMITATIONS
THIS RESEARCH PROJECT IS HAVING ITS LIMITATION THAT ITS SCOPE IS LIMITED TO THE
CONDITION OF WOMEN DIRECTOR AND ALSO TO ANALYZE THE EFFECTIVENESS OF
IMPLEMENTATION OF THE RULE.
10. Our Team
Product Budget
Status Update
RESEARCH
