Form MBP-1

Form MBP-1 is also a declaration that is required to be given by every director disclosing his / her interest / concern in other entities (including shareholding interest). Why is this necessary? The provisions of the Companies Act 2013, mandate such a declaration. This helps inform the Board of directors about the details of the interests and concerns of the director, in other entities.
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Form-MBP-1 - Template

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