HITESH AGARWAL (-) 10 September 2021

Sec 149(1) second proviso

Why it is said as "proviso"?
Appointment of Woman Director.

Quick Summary

The term 'proviso' in law refers to a clause that carves out an exception to a main section. Specifically, the second proviso to Section 149(1) of the Companies Act 2013 mandates that certain prescribed companies must appoint at least one woman director. This provision acts as an exception to the general rules concerning director appointments.

2 Replies

Dr J C Vashista (Advocate) 10 September 2021

Which Act is being referred qua section 149(1) second proviso? Be clear and specific for consideration if it is not an academic topic for time pass.

Shubham Bhardwaj (Advocate) 10 September 2021

Dear Mr Hitesh, This is an academic query however this time I ll answer it. 'Proviso' is a provision of law which carves out an exception to the main section. For Eg:- Section 149 of Companies Act 2013, is a section relating to appointment of directors. 2nd proviso to section 149(1) states that prescribed companies shall appoint atleast 1 woman director. I hope you have understood. Shubham Bhardwaj (Advocate)

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