Mbp 1: disclosure on interest in foreign company.

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Querist : Anonymous

Querist : Anonymous (Querist)

09 August 2014 Dear Sir

While filing MBP-1, do the director need to disclose the interest in foreign companies also.

Bhaskaran Chackrapani Warrier (Expert)
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09 August 2014 Yes. Inference is from section 184(1) read along with section 2(11) of the Companies Act,2013.

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CA PRIYUL SHAH (Expert)
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09 August 2014 Yes, It is required to disclose

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