Abstract: Corporate Governance and gender diversity has been the most discussed topics for few decades now. This can be said to be a change in the dynamics in the business and corporate world. The Indian approach towards both the concepts has been a positive one. One of the approaches of the legislature in India which addresses both the issues positively is the inclusion of Section149 (2) of the Companies Act, 2013 and SEBI LODR regulations. This inclusion aims for better corporate governance as well as solves the issue of the absence of women from the boardroom. This section brings an end to the boys’ room approach of the boardrooms and solves the issue of gender diversity in the boardrooms. A positive impact has been noticed in the Nifty500 companies after such regulations have been brought into force. However, there are negatives to the same as well, the quota approach has not been used in the right way by a lot of businessmen and this reflects the loophole in the law framed. The law does not list down any qualifications for such mandatory inclusion which is further leading to bias appointments. This article discusses in detail the approach of the legislature and the post implementation effects of the laws framed.
