Companies act 2013-mbp1
This query is : Resolved
08 September 2014
Dear Sir/Madam,
There is a company A Ltd, with two directors Mr X. & Mrs.X. They have a son Mr.Y who runs a proprietary concern B . A ltd & B enter into transactions.Whether this will be considered as a case of interested director as per section 184 and needs to be disclosed in MBP1. Also tell whether there is any more compliance.
Please answer this query at the earliest.
There is a company A Ltd, with two directors Mr X. & Mrs.X. They have a son Mr.Y who runs a proprietary concern B . A ltd & B enter into transactions.Whether this will be considered as a case of interested director as per section 184 and needs to be disclosed in MBP1. Also tell whether there is any more compliance.
Please answer this query at the earliest.
08 September 2014
First am npt getting ypur question
how you are comparing transaction with mbp-1.
bcoz mbp-1 is a disclosure.
and your transaction is fron amy 8 transactions of Sec 188
u have to follow that sec
how you are comparing transaction with mbp-1.
bcoz mbp-1 is a disclosure.
and your transaction is fron amy 8 transactions of Sec 188
u have to follow that sec
08 September 2014
Disclosure under section 184 is not required since the director's have no stake in the concern B.
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11 September 2014
Can you tell me the compliance if any related to section 188
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