Regarding mbp 1

Dear Experts, suppose if a person have interest in more than 1 entity then is he required to give his disclosure of interest from all the entity or disclosure from any entity will be enough??

Because ultimately same MBP-1 (interest) will be filed again and again!!

Replies (3)

If The Law required than the interest amount have to be disclosed and the interest will be disclosed separately of all the entities.....

He'll have to provide it to all the entities in which he is a director.....because the requirement for filing falls on the Company and not the directors....
Thanks vandana Ji!!

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