Form MBP-4 is the Register of Contracts or Arrangements in which Directors are Interested, maintained under Section 189 of the Companies Act, 2013 and Rule 16. It records related-party contracts and the bodies, firms or persons in which a director has a concern or interest.
What this register records
- Date of the contract or arrangement
- Name of the party (company / firm / person)
- Name of the interested director(s)
- Relationship / nature of concern or interest
- Principal terms and conditions
- Amount
- Whether at arm’s length
- Section reference (188 / 184)
- Date of Board approval
- Date of shareholders’ approval, if any
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Frequently asked questions
What must be entered in the MBP-4 register?
Particulars of every contract or arrangement in which a director is interested, and of every body corporate, firm or association in which a director holds a concern or interest, together with the Board approval and arm’s-length status.
Is MBP-4 linked to Section 188?
Yes. Contracts that are related-party transactions under Section 188 are recorded here, along with the disclosures of interest made by directors under Section 184.
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Disclaimer: Provided free for general record-keeping convenience; not legal or professional advice. Maintain statutory registers in the formats and timelines prescribed under the Companies Act, 2013 and the rules made thereunder, and verify particulars with your company secretary or professional adviser.