What are the practical difficulties a Private Limited company will face if both the directors are foreigners . One of them is resident in India . to comply with the Sec 149 (3) of Companies Act 2013 . Please advice
Menu
Directors
Replies (2)
as per section 149(3), it is mandatory for the company to appoint the resident director who has stayed in india for not less than the period of 182 days in the previous calender year.
As per my understanding Sec 149(3) states that every Company shall have atleast one director who has stayed in india for not less than 182 in Previous year. So as per K.Govindarajan's query one of the director is a resident in india, hence there will not be any violation of sec 149(3) since one of the Directors is a resident director.
Recent Topics :
- Addtional trade name for my another firm
- Commission / Agency Business without books: REAL E
- Difference between AIS and 26AS data.
- Applicability of FCRA to Article Processing Fees (
- GST Return
- Practical queries on buy back of shares
- Any faculty recommendations for latest batch recor
- FAI & FAST-DS 2026 query
- Is GST registration mandatory in this case
- Buying a residential flat in Goa: should my wife b
Related Topics :
CAclubindia
