Managing director to be appointed as kmp

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

01 July 2014 In a limited Company both MD and CS are appointed as per Companies Act 1956 but as per Companies Act 2013 the MD is to be appointed as KMP. Now which forms are required to be filled with the ROC in respect to such change in designation.

CS Sandip Rahane

CS Sandip Rahane (Expert)
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01 July 2014 MGT 14required to file with ROC.

Querist : Anonymous

Querist : Anonymous (Querist)

01 July 2014 AND WHAT ABOUT MR-1 AND ARE WE SUPPOSED TO FILE DIR-12 CAN YOU PLEASE SHARE THE SEC AND RULES PERTAINING TO THE SAME.

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Ankur Garg

Ankur Garg (Expert)
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01 July 2014 As per my understanding re-designation of MDas KMP through a board resolution is very much required. For that you should file form MR-1 and form MGT.14.

No need to file form DIR.12 because there is no change is designation of MD as he is still a MD upon same terms and conditions of appointment.

Kindly wait for the opinion of other experts.

Thanks