Question

Under Section 149(1) of the Companies Act, 2013, the minimum requirement for a resident director applies to-

A Only listed public companies and large unlisted public companies with paid-up capital exceeding fifty crore rupees.
B Every company, including a private company that is not a one-person company.
C Only companies that have foreign direct investment above the threshold limits prescribed under the Foreign Exchange Management Act, 1999.
D Every company, except a one-person company and a small company, which are expressly exempted from having any resident director.
E Every company, with no exception, as the requirement is mandated for all types of companies without any carve-out.
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