Taking note of disclosure of interest as per section 189(2).


This query is : Resolved 

21 January 2015 Dear Members,

As per section 189(2) Every director or key managerial personnel shall, within a period of thirty days of his appointment, or relinquishment of his office, as the case may be, disclose to the company the particulars specified in sub-section (1) of section 184 relating to his concern or interest in
the other associations.

So if any director is resigning then is it required to take note of his int. in other entities through Board Resolution and file the same in MGT 14?

21 January 2015 Yes.

you have to file MGT 14


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