In Form MBP-1, for the column Nature of interest or concern / Change in interest or concern, is it appropriate to mention ‘Director-cum-Shareholder’, if the person is a Director and also Shareholder. (If the person is just a Director, it is to be stated as ‘Director’ and similarly, if the person is just a Shareholder, it is to be stated as ‘Shareholder’).
Please reply……
In Form MBP-1, for the column Date on which interest or concern arose / changed, is it appropriate to mention date of appointment in respect of ‘Director’ and date of purchase of share in respect of ‘Shareholder’.
Please reply……
Thanks a lot to all in advance for doing the needful.
11 September 2014
yes, Shareholding column will reflect the amount of holding. similarly, if a director is partner in a firm then he must explain "Nature of interest" as "Partner" nd in % holding and date of appointment or the date of allotment will be the date of interest arose
CAclubindia
