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
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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:
https://india-financing.com/images/Articles/FAQs_on_Section_184.pdf
Thanks
https://india-financing.com/images/Articles/FAQs_on_Section_184.pdf
Thanks
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