Form 24AA

A Director of an Indian Listed Company who is a Director of a Foreign Company (A wholly owned subsidiary) in this case, whether Foreign Company (WOS) should be included in Form 24AA as disclosure made by such director under section 299 of the Companies Act, 1956.
Replies (6)

hI

 

MUST INCLUDE THE NAME OF FOREIGN COMPANY

The same should also be updated in the Statutory Register

As per section 299 (3)(a), a director require to disclose its interest as a director or a member of a specified body corporate or a member of a firm. Hence details of WOS should be included in form 24AA. 

Agree with all the members !!!

Thanks to All Professional colleagues.

Disclosure requirement be made by the Director 

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