shall a company appoint foreigner as a director for private ltd. & public ltd. company? if yes ,give me the section no. & judgement reference under company law.
CA TIRUMAL AVULA (SELF OEMPLOYED) (94 Points)
31 May 2010shall a company appoint foreigner as a director for private ltd. & public ltd. company? if yes ,give me the section no. & judgement reference under company law.
vivek
(CS)
(751 Points)
Replied 31 May 2010
why not, there is no requirement that only a indian resident can be the director of the company. ther are no. of companies having foreigners on the board.
Ankur Garg
(Company Secretary and Compliance Officer)
(114773 Points)
Replied 31 May 2010
Agree
Appointment of foreign national as a director on the board of a private or public company is optional and not mandatory. In company law there is no restriction on the appointment of foreigner as a director.
Thanks
Master GSTR-9 and 9C with India's First Unique Live Course with Live practical training
CAclubindia
