Interest of Directors is filed in Form MBP-1

    Posted By : Shiriti / Published on : 19-Apr-2018 11:00 AM / View : 531 / Comment : 1
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    Disclosure of Interest of Directors is filed in Form MBP-1, whether concern/interest is required to be disclosed in respect of shares held in any company? Can interested director of a private company participate in such meeting where he is interested?
    Read more on : form filed directors interest

    • yes disclosure of interest also includes shareheld in any company.

      but MBP-1 are not filed anywhere. It used to be filed earlier but then after amendment, the director are required to disclose the interest including the share held by them in any company at 1st Board meeting.

       

      but there are only going to executed on papers, No form is required to be filed MBP-1 is just a format now.

       

      Please correct me if i am wrong :)

      19-04-2018 / 11:31:58 AM
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