Is is necessary to show the names and shareholdings of the foreign directors in statutory register as ia applicable to Indian directors per sec 303 and 307 respectively or should we prepare separate register for the foreign directors????
Please suggest.
Thanks & Regards
Priya
CS Final Student
Dear Ms. Priya
It is not required to prepare seprate register for foreign director under section 303 and section 307. Both sections apply equally for Indian as well as foreign director.
Regards
Thanks a lot.
Regards
Priya Sharma
Aggarwal Sarawagi and Co
New Delhi
CA
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