26 December 2014
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 and hence you need to file e-Form MR 1 within 60 days from the date of appointment
26 December 2014
Dear Sir, I appreciate your views but Rule 8A nowhere prescribes the filing of form MR-1, it simply mandates the appointment of CS in a Pvt Co. having PUC of Rs. 5 Crore or more.
Further KMP provisions (Section 203) are not applicable for pvt. co.
29 December 2014
The Heading of the MR-1 form states about the appointment of KMP.Company secretary who was appointed under Rule 8A of Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 is a KMP though the Private limited companies need not have KMP as per Rule 8 of the said Rules
CAclubindia
