Re: mgt14

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

18 September 2014 Can you please guide me if disclosure of interest is NIL , whether it is necessary to file MGT 14 in that case.Thank you very much.

Ankur Garg

Ankur Garg (Expert)
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18 September 2014 In case there is no interest to disclose, no need to file form MGT.14.

However if there are any other director who have disclosed his interest through form MBP.1 you have to pass resolution for taking note of interest. So in that case you have to file form MGT.14.

Thanks

Ankur Garg

Ankur Garg (Expert)
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18 September 2014 You are further advised to go through the link given below to know more about the provisions of section 184 related to disclosure of interest:

https://www.caclubindia.com/articles/analysis-of-disclosure-of-interest-by-directors-under-ca-20-21752.asp#.VBq5pVdqOZQ

I hope the same would be of some help.

Thanks