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What subject does section 184 of the Companies Act, 2013 regulate?

Question and options

What subject does section 184 of the Companies Act, 2013 regulate?

  1. Disclosure of a director’s interest

  2. Appointment of the first auditor

  3. Removal of a director

  4. Registration of company charges

Answer and explanation

Correct answer: A - Disclosure of a director’s interest

Section 184 of the Companies Act, 2013 requires every director to disclose his concern or interest in other bodies and firms and his interest in contracts or arrangements with the company. Removal of a director is dealt with in section 169, appointment of the first auditor in section 139(6) and (7), and registration of charges in section 77.

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