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As per sec.184, after appointment as Director, The said person is required to disclose his interest in Form MBP-1 in the first meeting he attends as Director. But The Form DIR-12 is required to be filed within 30 day of appointment of Director and one of the Mandatory point of DIR-12 is Interest in other entities.My query is regarding this contradiction only. How a company will fill up this information if the disclosure will be made by the director in the next meeting or only the interest in other entities as Director is required to be fillup here as the same is available in the consent form(DIR-2). If that is the case then the heading should be Directorship in other companies instead of interest in other entities. Can anybody explain?

Director

Posted By: Anita 10 year(s) ago

This question has been closed if you want to answer,you have to re-open.


Expert    Ankit Singhi

Generally disclosures of interest are taken up at the time of appointment though disclosure requirement as per the section 184 are different

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