Disclosure of directors interest

As per the Act only Board resolution is required to be attached.  However, if ROC asks for attaching declaration also, you will have to attach the same.  Alternatively, you can attach it voluntarily as optional attachment.

Dear sir,

Please let me know whether Director is required to disclose shareholding details of all the Companies wherein he holds the share or only for such companies where he is interested as a Director, partner or member.

Further if director is appointed as member, on Association of person, as a representative of the Company in which he is director , do he need to provide details of such association also ????

Please clarify its urgent.

Gargi

The word interest used in section 184 (erstwhile section 299 and 300) means personal interest and not official or other interest. It is not limited to financial interest only and may include interest arising out of fiduciary duties or closeness of relationship. In other words, the interest should be an interest conflicting with duty as director.

Wait for other views.

Thanks

hello,

pl clarify under which section is it provided to file ROC forms for disclosure of interest.

it is to be filed irrespective of transaction done or not ???

pl clarify this whole concept of filing roc forms under wch circumstances etc ?

Regds