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Question

In relation to OPC, "resident in India" means a person who has stayed in India for a period of not less than __________ days during the immediately preceding one calendar year.

A
152
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B
160
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C
182
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D
200
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Solution

The correct option is A 182
Under Clause 149(3) of the new Companies Act 2013, effective April 1, 2014, every company is required to have at least one resident director who has stayed in India for not less than 182 days in the previous calendar year.

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