What is the due date of MBP-1?
Hey @Siddhartha
MBP-1 is the disclosure of interest given by the directors of the company. Every director, in the first board meeting he or she participates in, shall submit MBP-1 to the Company.
You can learn more about other disclosures to be given by the directors here:
Hope this helps!
1 Like
Hi
We are 3 directors in a pvt ltd company with equal shares. The other 2 directors’ sons have shareholding in another company and the sons’ company have started manufacturing some of the same products in the other company.
Is it correct
Hey @R11,
Welcome to the community!
The sons’ relationship doesn’t come into consideration here as long as they are not directors in your company.
Hope this helps!