Disclosure of interest of directors
This query is : Resolved
19 June 2014
Dear Sir(s)
As per sec 184 of the companies act 2013, directors are required to disclose theier nature of interest in form MBP-1.
Now Suppose A is a director of Company XYZ and their is another company PQR in which B, wife of A is a director.Is this also required to be disclosed in the said form?
Please revert.
As per sec 184 of the companies act 2013, directors are required to disclose theier nature of interest in form MBP-1.
Now Suppose A is a director of Company XYZ and their is another company PQR in which B, wife of A is a director.Is this also required to be disclosed in the said form?
Please revert.
19 June 2014
Dear Megha,
It is a fact that Mr. A is having interest in PQR company as his wife is a director in PQR company. This kind of interest is very much covered in section 184(1).
So MBP.1 of Mr. A towards his company XYZ should cover the name of PQR company.
Thanks
It is a fact that Mr. A is having interest in PQR company as his wife is a director in PQR company. This kind of interest is very much covered in section 184(1).
So MBP.1 of Mr. A towards his company XYZ should cover the name of PQR company.
Thanks
Message likes :
1 times
19 June 2014
You are requested to go through a wonderful article on section 184 by CS Vinod Kothari. This article will help you a lot as far as understanding of section 184 is concerned. Link is given below:
http://india-financing.com/images/Articles/FAQs_on_Section_184.pdf
Thanks
http://india-financing.com/images/Articles/FAQs_on_Section_184.pdf
Thanks
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Opting our of sec 44AD
- Value of property in capital gain
- LC charges in relation to Asset purchased should be Capitalised ?
- Multiple trade mark
- Regarding appeal to GSTAT
- Regarding TDS Applicability For Director Remuneration
- Copyright software
- Transporter Declaration form
- SALE OF MOTOR CAR BY REGISTERED INDIVIDUAL
- Taxation on Swing Trading Income (No Other Income)
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
