Is this compulsory to have one resident promoter in private limited company. At the time of formation of the company one of the promoter was resident but now status of both the promoter is non resident though we have three resident directors also. Are we good with the company law provisions ?
Menu
Non resident promoters of private limited company
Replies (3)
Quick Summary
According to the Companies Act, 2013, at least one director of a private limited company must be a resident of India.
That i know but is it necessary to have one resident promoter of a private company. on our case we have three resident directors but none of them have any shareholding
It should be the director ,act nowhere says the promoter should be resident .
Recent Topics :
- LTCG - SEC54
- Foreign remittance from our client for Co Working
- UDIN generation
- Reply plz guys
- Tax Deduction and Collection Account Number
- Where can students practice XAT PYQs effectively?
- Gst on Guest house 5% without ITC
- How do you collect documents from clients for ITR
- GST ITC on Construction/ Tenant Specific Renovatio
- GST Treatment and Reporting of Share & Mutual
Related Topics :
CAclubindia
