Exemption in filing mgt14 reg note of director's interest
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
06 May 2015
I have read that now companies do not require to file Form MGT-14 for resolution passed to take note of form MBP-1 filed by the directors disclosing their interests in other companies/other entities vide Companies (Meetings of Board and its Powers) Amendment Rules, 2015 Dated-18th March, 2015. Is it correct?
CS JAY GOHIL
(Expert)
06 May 2015
yes it is correct this circular omitted namely 3, 4 , 8, 9 provisions and no 8 & 9 contains the provisions of Companies (Meetings ofBoard and its Powers) Rules,2014 contains provision of interested director
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