Definition as per section 2(49) is more elaborate than 184(2). My doubt is whether a director is required to disclose his interest if he is interested as per 2(49) but not so as per 184(2)? Please explain!!
Menu
Section 2(49) and 184(2) of companies act
Replies (1)
There are two types of disclosure first is in the form if MBP 1 which is to be given at the first meeting of every FY and thereafter if there is any change.
Second disclosure which is referred in 184(2) is to be made at the time of entering into contract or proposed to enter into. The disclosure to be made as per section 184(2). The reason being thus section no where uses the term interested director. This term is only used in section 174 which also requires using of definition as per section 184(2)
Second disclosure which is referred in 184(2) is to be made at the time of entering into contract or proposed to enter into. The disclosure to be made as per section 184(2). The reason being thus section no where uses the term interested director. This term is only used in section 174 which also requires using of definition as per section 184(2)
Recent Threads
- Delivery Challan serial number Issue and return ru
- After filing form 71 For TDS mismatch
- UNCLAIMED TDS REFUND QUERY
- Rcm payable which head
- Query of GST
- Long Term Capitalgains on sale of residential prop
- How Salaried Individuals Can Reduce Capital Gains
- NSTPI registration
- GST PAID IN DELHI
- How to Trade Forex in India?
Related Threads
CAclubindia
