About inc-12
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
30 March 2016
AS PER INC-12, WHEN I AM ENTERING NUMBER OF KEY MANAGERIAL PERSONNEL 0 MESSAGE IS SHOWING NUMBER OF KEY MANAGERIAL PERSONNEL SHOULD BE GREATER THAN OR EQUAL TO 1. MY QUERY IS THAT IS IT MANDATORY TO APPOINT KMP IN SECTION 8 COMPANY?
31 March 2016
No.
Only Listed Companies and Public companies having paid up share capital of Rs. 10 Cr or more are required to appoint KMP.
However companies not required to appoint KMP and paid up share capital of Rs. 5 Cr or more are required to appoint Whole-time company secretary as KMP
Only Listed Companies and Public companies having paid up share capital of Rs. 10 Cr or more are required to appoint KMP.
However companies not required to appoint KMP and paid up share capital of Rs. 5 Cr or more are required to appoint Whole-time company secretary as KMP
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