Resident-independent director

Niraj (prop) (105 Points)

20 August 2014  
Hello
 
Kindly share your views: 
 
As per section 149(3) Every Company shall have one resident Director who stay in India for 182 days. 
 
In one of our foreign holding Company all Directors are Non-Resident, and they want to appoint an Indian as Independent Director who will stay in India for 182 days or more. Will this arrangement will be a compliance for section 149(3). 
 
Thanks