Hello,
I have a problem regarding directorship in a private ltd. company.
Two people are there, one is not resident as per Income tax Act., and his wife is a moroccon resident haing permit for 5 years and she is there in India for last 1 year.
Can they be Director in a private company???
Agree with the learned member Syam Kamal.
Agreed with Mr. Syam Kamal.
Fully agreed with Mr. Shyam.
i Agree too !!!!
Dear Shafi,
The companies Act 1956 does not prohibit the non resident to become the director of the indian company so in your case the the residential status uf the assessee would not restrict them to become the director of the company, so both of them can become the director of the private company.
Well explained Shyam.
Thank you, every one for ur help. ,may ask u all more if something comes in between.
-Siddiqui Shafi
CAclubindia
