Chapter: Chapter- XII
Section: Section 184 (1)
Rule: Rule 9 of the Companies (Meeting of Board and its Powers) Rules, 2014
Approximate Time Saving: 30 minutes
This document contain the word format of Form MBP-1 required to be given by every director at the time of his / her appointment as director and in case of any change(s) in the disclosure already made to the Company and every financial year.
This is drafted keeping in mind all the necessary provisions of Companies Act, 2013 and rules made thereunder
This will really help to save your time and effort.
Section 184
Every director shall at the first meeting of the Board in which he participates as a director and thereafter at the first meeting of the Board in every financial year or whenever there is any change in the disclosures already made, then at the first Board meeting held after such change, disclose his concern or interest in any company or companies or bodies corporate, firms, or other association of individuals which shall include the shareholding, in such manner as may be prescribed.
Rule 9
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