Form mbp-1


This query is : Open 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
07 January 2015 If the same director is resigning from two companies at the same time that is on the same day, are we required to provide MBP-1 i.e. disclosure of his interest in both the companies?? Kindly suggest

07 January 2015 When director resign, he has to give MBP 1 to other companies in which he is a director about the fact of resignation in 2 companies.

e.g. if A is director in x ,y, z if he resign from company x & y he has to give MBP 1 to company Z about disclosure of fact of his resignation in x & y.

07 January 2015 When director resign, he has to give MBP 1 to other companies in which he is a director about the fact of resignation in companies.

e.g. if A is director in x ,y, z if he resign from company x & y he has to give MBP 1 to company Z about disclosure of fact of his resignation in x & y.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
07 January 2015 alryt...but does he also need to provide MBP-1 to X informing he is also resigning from Y and vice-versa.

Thanks.

08 January 2015 Inform in 2nd co.
Eg. A resigning from x at 9 a.m. and from y at 6 p.m. then send mbp 1 to y.
However, its too theoretical.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
ARTICLESHIP 20 October 2026
CA ARTICLE

AMKN & CO

Noida

CA Inter

View Details
Company
ARTICLESHIP 23 October 2026
Articled Trainee

J Y & CO

Hyderabad

CA Inter

View Details
Company
28 October 2026
Assistant Director/ Associate Director-Finance & Accounting

Krea University

Chennai

CA

View Details
Company
21 October 2026
CA INTER/ BCOM WITH EXPERIENCE

CA S KUMAR GUPTA & CO

Amritsar

CA Inter

View Details
Company
ARTICLESHIP 25 October 2026
Article Intern (CA Articleship)

Arpan Bohra & Co

Hyderabad

CA Inter

View Details
Company
19 October 2026
Accountant

Jari Saree Center

New Delhi

Others

View Details
Company
Featured ARTICLESHIP 28 October 2026
CA- Inter and Articles

N N V Satish & Co.,

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 23 October 2026
CA Articleship / Article Assistant

M N Rao & Associates LLP

Vijayawada

CA Inter

View Details