UNDER THE NEW COMPANIES ACT 2013
Reproducing sub-section (5)
(5) Every company existing on or before the date of commencement of this Act shall,
within one year from such commencement or from the date of notification of the rules in
this regard as may be applicable, comply with the requirements of the provisions of
This is applicable only for sub-section (4). Whereas resident director is required under sub-section (3).