I have few doubts regarding disclosure to be made under section 299
Section 299 states that a Director in given genral notice in Form 24AA with following details:
1.Name of the Bodies Corporate wherein he is a Director
2.Name of the Bodies Corporate wherein he is a Member
3.Name of the firms wherein he is a partner / member
The form 24 AA also mention the word relative. I wolud like to know how does relatives come into picture. Do we also have to disclose the name of the companies in which the relative is a director or member while giving general notice.?
Somebody please clarify this.
Please explains how the Directors are interested indirectly?
CAclubindia
