a) In continuation to the General Circular No. 11/2020 dated March 24th 2020 Ministry of Corporate Affairs has clarified that non-compliance of minimum residency in India for a period of at least 182 days in year, by at least one director in every company, under section 149 of the Companies Act,2013 shall not be treated as non-compliance for the financial year 2020-2021.
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