13 March 2015
One Query- If a pvt limited company with paid up capital of 55 cr(which means it is covered by Rule 8A of Companies (Appointment & Remuneration of Managerial Personnel) Rules 2014 has appointment a Company Secreatry, whether that Company Secretary is a KMP under the act? Whether MGT 14 and MR 1 needs to be filed?
13 March 2015
In case a company secretary is appointed by a company having a paid up capital of Rs. 5 Crores or more, he is treated as Key Managerial Personnel as well as officer who is in default.