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Clarification on applicability of requirement for resident director.

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Full Text of the Document

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....gional Directors, All Registrars of Companies, All Stakeholders. Subject: Clarification on applicability of requirement for resident director. Sir, Section 149(3) of the Companies Act, 2013 (Act) requires every company to have at least one director who has stayed in India for a total period of not less than 182 days in the previous calendar year. Government has received requests fro....