Disclosure of interest of directors
This query is : Resolved
PRASHANT KUMAR SOM
(Querist)
21 June 2014
Case- Mr.A is director in Som. Ltd and he is also director in Joy Ltd.and Roy Ltd. and partner in firm K associates .
-- but Som ltd. does not make any transaction with Firm K associates and Joy ltd. transaction has been made only with roy Ltd.
Q-1. in the Board meeting of Som Ltd.what will be Disclosure of interest of Mr. A ?
-- but Som ltd. does not make any transaction with Firm K associates and Joy ltd. transaction has been made only with roy Ltd.
Q-1. in the Board meeting of Som Ltd.what will be Disclosure of interest of Mr. A ?
CA UMESH DULAL
(Expert)
21 June 2014
yes he is to give details of company in which he has interest.
Message likes :
1 times
CS Bharat Dama
(Expert)
24 June 2014
In this case Mr.A has to disclose his interest in all this three (Companies and firm) in MBP-1. This form is just disclosing the interest of the persons in other firms or companies etc. and the transaction with other company is not consider.
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
- Tax on Amount transferred in HUF Account
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Nursery business
- GST input credit on commercial property
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- TDS on Dashcam rent and allied services
- Working on Gold wastage during Melting of old gold jewellery
- IMS (import of goods) ITC related
- How do you manage client document collection and follow-ups in your CA/CS practice?
- Royalty payments to the Mining Department for procurement of murum - GST input
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
