Seeking representation

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The new Companies Act, 2013, stipulates every listed company and every public firm with a minimum paid-up share capital of Rs 100 crore or an annual turnover of at least Rs 300 crore is required to appoint a woman as director. Existing firms have time till March 26, 2015. For listed Indian companies, the deadline is October 1 this year. A status check on the issue and where India stands vis-a-vis other nations.