Filing of form mbp1
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
02 June 2014
Sir,
Is it necessary for every director to disclose his interest in form MBP1 even if he/she is existing director of the company and he/she is not interested in any contract the company is entring into or has entered into.
Is it necessary for every director to disclose his interest in form MBP1 even if he/she is existing director of the company and he/she is not interested in any contract the company is entring into or has entered into.
02 June 2014
Yes, it is mandatory for every director to disclose his interest in other entities in form MBP 1 . But the section speak about the filing of Board resolution and not the filing of Form MBP 1 with ROC.
Under Section 184, 117 (3) (g) read with Section 179 (3) (k) and rules thereof, it is required to file Board Resolution of taking note of such discloser in form MGT-14.
Regards
Chandani saruparia
CS, LLB, MBA
Under Section 184, 117 (3) (g) read with Section 179 (3) (k) and rules thereof, it is required to file Board Resolution of taking note of such discloser in form MGT-14.
Regards
Chandani saruparia
CS, LLB, MBA
Querist : Anonymous
Querist :
Anonymous
(Querist)
02 June 2014
Sir,
If the director does not have any interest in any other entity then also he/she has to give a declaration to that effect stating no interest in any other entity.
If the director does not have any interest in any other entity then also he/she has to give a declaration to that effect stating no interest in any other entity.
01 August 2014
Yes. It is necessary. Even if the director does not have any interest in any other entities, a NIL declaration should be placed.
Form MBP-1 needs to be placed in the first Board meeting of the Financial Year.
Further, the resolution taking note of such declaration (in form MBP-1 needs to be filed with the ROC within 30 days of the board meeting.
As CS Chandani clearly said, only the resolution needs to be filed with the RoC.
Form MBP-1 needs to be placed in the first Board meeting of the Financial Year.
Further, the resolution taking note of such declaration (in form MBP-1 needs to be filed with the ROC within 30 days of the board meeting.
As CS Chandani clearly said, only the resolution needs to be filed with the RoC.
01 August 2014
Yes. It is necessary. Even if the director does not have any interest in any other entities, a NIL declaration should be placed.
Form MBP-1 needs to be placed in the first Board meeting of the Financial Year.
Further, the resolution taking note of such declaration (in form MBP-1 needs to be filed with the ROC within 30 days of the board meeting.
As CS Chandani clearly said, only the resolution needs to be filed with the RoC.
Form MBP-1 needs to be placed in the first Board meeting of the Financial Year.
Further, the resolution taking note of such declaration (in form MBP-1 needs to be filed with the ROC within 30 days of the board meeting.
As CS Chandani clearly said, only the resolution needs to be filed with the RoC.
01 August 2014
Yes. It is necessary. Even if the director does not have any interest in any other entities, a NIL declaration should be placed.
Form MBP-1 needs to be placed in the first Board meeting of the Financial Year.
Further, the resolution taking note of such declaration (in form MBP-1 needs to be filed with the ROC within 30 days of the board meeting.
As CS Chandani clearly said, only the resolution needs to be filed with the RoC.
Form MBP-1 needs to be placed in the first Board meeting of the Financial Year.
Further, the resolution taking note of such declaration (in form MBP-1 needs to be filed with the ROC within 30 days of the board meeting.
As CS Chandani clearly said, only the resolution needs to be filed with the RoC.
01 August 2014
Yes. It is necessary. Even if the director does not have any interest in any other entities, a NIL declaration should be placed.
Form MBP-1 needs to be placed in the first Board meeting of the Financial Year.
Further, the resolution taking note of such declaration (in form MBP-1 needs to be filed with the ROC within 30 days of the board meeting.
As CS Chandani clearly said, only the resolution needs to be filed with the RoC.
Form MBP-1 needs to be placed in the first Board meeting of the Financial Year.
Further, the resolution taking note of such declaration (in form MBP-1 needs to be filed with the ROC within 30 days of the board meeting.
As CS Chandani clearly said, only the resolution needs to be filed with the RoC.
01 August 2014
Yes. It is necessary. Even if the director does not have any interest in any other entities, a NIL declaration should be placed.
Form MBP-1 needs to be placed in the first Board meeting of the Financial Year.
Further, the resolution taking note of such declaration (in form MBP-1 needs to be filed with the ROC within 30 days of the board meeting.
As CS Chandani clearly said, only the resolution needs to be filed with the RoC.
Form MBP-1 needs to be placed in the first Board meeting of the Financial Year.
Further, the resolution taking note of such declaration (in form MBP-1 needs to be filed with the ROC within 30 days of the board meeting.
As CS Chandani clearly said, only the resolution needs to be filed with the RoC.
01 August 2014
Yes. It is necessary. Even if the director does not have any interest in any other entities, a NIL declaration should be placed.
Form MBP-1 needs to be placed in the first Board meeting of the Financial Year.
Further, the resolution taking note of such declaration (in form MBP-1 needs to be filed with the ROC within 30 days of the board meeting.
As CS Chandani clearly said, only the resolution needs to be filed with the RoC.
Form MBP-1 needs to be placed in the first Board meeting of the Financial Year.
Further, the resolution taking note of such declaration (in form MBP-1 needs to be filed with the ROC within 30 days of the board meeting.
As CS Chandani clearly said, only the resolution needs to be filed with the RoC.
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