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(Querist)
08 July 2015 Can only the directors of a foreign company who are foreign nationals become the directors of Wholly owned subsidiary in India?
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Ankur Garg

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Ankur Garg (Expert)
09 July 2015 No.

There is no such requirement in Law. Foreign company creating its subsidiary in India, can nominate Indian/resident persons as director of Indian subsidiary company. This is a management decision of Foreign company creating its subsidiary in India.

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