📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!
  • google app store apple app store
    • ✖

      Question

        A company shall have at least one director who stays

      in India for a total period of not less than one hundred and eighty-two days ______________
      A In the calendar year Correct Answer Incorrect Answer
      B During the financial year Correct Answer Incorrect Answer
      C At the end of the financial year Correct Answer Incorrect Answer
      D In the previous calendar year Correct Answer Incorrect Answer
      E Either a or d Correct Answer Incorrect Answer

      Solution

      Section 149. Company to have Board of Directors: (3) Every company shall have at least one director who stays in India for a total period of not less than one hundred and eighty-two days during the financial year: Provided that in case of a newly incorporated company the requirement under this sub-section shall apply proportionately at the end of the financial year in which it is incorporated.

      Practice Next
      More Banking System in India Questions
      ask-question