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As per Companies Act, 2013, 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. Snapshot - Topic covered in Live class of SEBI Legal Course ixamBee
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