As per section 149 3 atleast 1 resident director who has stayed in India for hellip hellip on board ...........

Companies Act-Phase (I & II) Directors - powers and appointment

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As per section 149(3), atleast 1 resident director who has stayed in India for …… on board is mandatory.

not less than 182 days in previous calendar year.

not less than 182 days in current calendar year.

not less than 182 days in current FY

not less than 182 days in previous FY

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Explanation:

Residence of a director in India
Section 149 (3) of the Act has provided for residence of a director in India as a compulsory i.e. every company shall 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.

AMENDMENT: from ‘previous calendar year’ to ‘current financial year’