KMP Appointment
Lesly Steen (15 Points)
03 May 2019
is it required to pass a special resolution in the general meeting to appoint a Key Managerial personnel in a public company
3 Replies
vaishali singh
(trainee)
(395 Points)
Replied 04 May 2019
for the appointment of kmp under 203 passing of SR is not necessary unless the appointment is for MD,of a person who attains the age of 70 years or more.
Jatin Bajaj
(CS)
(2930 Points)
Replied 04 May 2019
For the appointment of KMP it is not neccessary to pass the Special resolution.
Shrikant
(Associate)
(350 Points)
Replied 08 May 2019
Not required unless Company proposes to appoint a person as a KMP whose age is 70 years or more
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