Dear Professional Colleagues,
Could anyone please provide me a clarification on the below-mentioned two aspects of Form MBP-1?
1) The proforma of MBP-1 does not contain details of directors relatives. Should we also provide the disclosure of interests of relatives of directors?
2) Do we need to file form MGT-14 with the RoC for registration of the board resolution taking note of such disclosures? This aspect is not very clear.
Rule 8(5) of the Companies (Meetings of the Board and its Powers) Rules, 2014, provides that in addition to Resolutions referred to in Section 179(3), taking note of such disclosure can only be done by means of a resolution passed by the board. Further, Section 117(3)(g) provides that only resolutions referred to in Section 179(3) are to be filed in Form MGT-14. Although 117(3)(g) does not contain a direct reference to matters mentioned in Rule 8, are we still required to file form MGT-14 for the same?
Thanks in anticipation.
CAclubindia
