Can a Chief Operating Officer (COO) of a Public Limited Company be considered as KMP as per the Companies Act 2013???
2 Replies
P C Agrawal
(Registered independent director Past Chairman of Aurangabad Chapter of ICSI Practicing Company Secretary at Aurangabad)
(8229 Points)
Replied 21 March 2014
No, COO is not specified in Sec.203(1). Hence he will not be KIMP.
C.A.SUNIL HUKKERI
(CHARTERED ACCOUNTANT)
(58 Points)
Replied 22 March 2014
It is not covered in key managerial personnel.
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