Q: What is the penalty if there is no woman director in company ?

Ans: Thus, the penalty under Section 172 of the companies Act , 2013 applies in case of non-compliance regarding the appointment of a woman director. Section 172 of the Act lays down that the company and every officer in default will be punished with a fine that shall not be less than Rs.50,000 but may extend up to Rs.5,00,000. 

Section 68:  Members in private company were 50.

Section 71: Members in private company are 200. 

Section 2(62)

Section 149(1)(a)

Section 149(1)(b)

Section 135

Section 172

Section 398

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