Disclosure by directors

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

28 June 2014 Kindly let me know whether it is required to file form MBP-1 and Form MGT-14 if director is not interested any where.

If Director is also Director in any other company, Whether disclosure is required?

CS Sandip Rahane

CS Sandip Rahane (Expert)
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28 June 2014 YES IT IS REQUIRED US 184 OF CA 2013.

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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29 June 2014 1. If director is not interested anywhere, no need of MBP-1 and MGT-14.

2. IF director is a director in any other company , MBP-1 is required.

CS Bharat Dama

CS Bharat Dama (Expert)
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01 July 2014 In your case MBP-1 is required to be file. MGT-14 is filed for the certain type of resolution passed in the meeting and it shall be file within one month from the day resolution passed.