https://www.taxtmi.com/acts?id=17481 Directors must disclose concerns or interests in companies, bodies corporate, firms or associations at the first board meeting they attend, annually thereafter, and whenever disclosures change; where a director is concerned or interested in a contract or arrangement with the company (by shareholding, promoter/managerial role, or as partner/owner/member of an entity) the director must disclose the nature of the interest when the contract is discussed and abstain from participating, with post facto interests to be disclosed forthwith or at the next board meeting. en-us Sat, 02 Mar 2013 13:12:32 +0530 Wed, 24 Dec 2025 14:54:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=17481 Directors must disclose concerns or interests in companies, bodies corporate, firms or associations at the first board meeting they attend, annually thereafter, and whenever disclosures change; where a director is concerned or interested in a contract or arrangement with the company (by shareholding, promoter/managerial role, or as partner/owner/member of an entity) the director must disclose the nature of the interest when the contract is discussed and abstain from participating, with post facto interests to be disclosed forthwith or at the next board meeting. Act-Rules Companies Law Sat, 02 Mar 2013 13:12:32 +0530 https://www.taxtmi.com/acts?id=17481