Mbp-1
This query is : Resolved
15 October 2014
if there is no interest of the director in any entity he is required to file mbp-1 with roc and format of mbp-1 in such a case.
CS Mitesh Mehta
(Expert)
21 October 2014
As per Section 184 of the Companies Act, 2013, and Rule 8 and 9 of the Companies (Meetings of Board & its Powers) Rules, 2014, every director shall at the first meeting of the Board of every year, has to give disclosure of his interest/concern in form MBP 1.
Further as per Section 117 of Companies Act, 2013, Company needs to file the Board Resolution noting such disclosure in e-Form no. MGT-14 within 30 days from the date of Board Meeting in which such disclosure is made.
Even in case of nil interest, director must disclose Interest in MBP-1. Company must file MGT 14 within 30 days as mentioned above
Further as per Section 117 of Companies Act, 2013, Company needs to file the Board Resolution noting such disclosure in e-Form no. MGT-14 within 30 days from the date of Board Meeting in which such disclosure is made.
Even in case of nil interest, director must disclose Interest in MBP-1. Company must file MGT 14 within 30 days as mentioned above
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