CA SHAFI SIDDIQUI (Ca in Practice) (228 Points)
20 December 2010Hello,
I have a problem regarding directorship in a private ltd. company.
Two people are there, one is not resident as per Income tax Act., and his wife is a moroccon resident haing permit for 5 years and she is there in India for last 1 year.
Can they be Director in a private company???
Syam kamal
(Company Secretary)
(156 Points)
Replied 20 December 2010
Ankur Garg
(Company Secretary and Compliance Officer)
(114773 Points)
Replied 20 December 2010
Agree with the learned member Syam Kamal.
CS Ankur Srivastava
(Company Secretary & Compliance Officer)
(17853 Points)
Replied 20 December 2010
Fully agreed with Mr. Shyam.
Sharad Suman Das
(art)
(141 Points)
Replied 21 December 2010
Dear Shafi,
The companies Act 1956 does not prohibit the non resident to become the director of the indian company so in your case the the residential status uf the assessee would not restrict them to become the director of the company, so both of them can become the director of the private company.
CA SHAFI SIDDIQUI
(Ca in Practice)
(228 Points)
Replied 23 December 2010
Thank you, every one for ur help. ,may ask u all more if something comes in between.
-Siddiqui Shafi
CAclubindia
