Form MBP-1: Meaning, Due Date, Who Must Submit & Format

Form MBP-1 is the prescribed “Notice of interest by director”. Under Section 184(1) of the Companies Act, 2013, every director discloses concern or interest in companies, bodies corporate, firms, or other associations of individuals — including shareholding — in the manner prescribed. Rule 9(1) of the Companies (Meetings of Board and its Powers) Rules, 2014 says that notice is given in writing in Form MBP-1.

MBP-1 due date

There is no MCA portal due date. Section 184(1) requires the disclosure at (i) the first Board meeting in which the person participates as a director, (ii) the first Board meeting of the Board in every financial year, and (iii) the first Board meeting held after any change in the disclosures already made. For a 31 March year-end, the annual MBP-1 is therefore due at whichever date that first Board meeting of the new financial year is actually held.

Who must submit Form MBP-1

Every director, including additional, alternate, nominee, and independent directors, in those three situations. MBP-1 is given to the company. It is not an e-form the director uploads to MCA.

Format and contents

Use the prescribed Form MBP-1. In practice it captures the director’s name and DIN, each entity in which the director is interested, the nature of interest or concern, and shareholding. Rule 9(2) requires the director who gives the notice to cause it to be disclosed at the meeting held immediately after the date of the notice. Rule 9(3) requires notices to be kept at the registered office, preserved for eight years from the end of the financial year to which they relate, in the custody of the company secretary or another person authorised by the Board.

MBP-1 is not DIR-8

DIR-8 is the disqualification intimation under Section 164. See MBP-1 vs DIR-8 and Form DIR-8. The register of contracts under Section 189 (Form MBP-4) is a separate record from the Section 184(1) notice.

How CoSecOffice prepares MBP-1

CoSecOffice fills Form MBP-1 from the director master, including other companies linked to the same DIN where you maintain them in the workspace. Download Word for signature, note receipt in the Board minutes, and retain as Rule 9(3) requires. Review every generated form before issue.

Frequently asked questions

This article is informational and is not legal advice. Confirm the current Companies Act, 2013, Rule 9, and the prescribed Form MBP-1 before you issue or retain a notice.

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