LCA2013.IN

Would you like to react to this message? Create an account in a few clicks or log in to continue.

BETA

> Post topics relating to Companies Act 2013 > Contribute PPT / Reference Notes for uploading in this portal, please mail at lca2013@cierfamily.net 

Latest topics

» Applicability of Section 186 for pvt company
Clarification on Point No. (I) of definition Clause 2(51) of Key Managerial Personnel EmptyTue Jul 29, 2014 3:02 pm by gaurav_kp@hotmail.com

» The Companies (Meetings and Powers of Board) Amendment Rules, 2014
Clarification on Point No. (I) of definition Clause 2(51) of Key Managerial Personnel EmptyFri Jun 13, 2014 9:53 am by News Reporter 01

» CS Appointment - Rules Amended
Clarification on Point No. (I) of definition Clause 2(51) of Key Managerial Personnel EmptyWed Jun 11, 2014 11:46 am by News Reporter 01

» Latest 3 Circulars from MCA
Clarification on Point No. (I) of definition Clause 2(51) of Key Managerial Personnel EmptySat May 24, 2014 12:21 pm by News Reporter 01

» The Companies (Registration Offices and Fees) Amendment Rules, 2014
Clarification on Point No. (I) of definition Clause 2(51) of Key Managerial Personnel EmptyTue Apr 29, 2014 1:59 pm by News Reporter 01

» New Companies Act eases concerns over high pay
Clarification on Point No. (I) of definition Clause 2(51) of Key Managerial Personnel EmptyWed Apr 23, 2014 12:40 pm by News Reporter 01

» Form filing from 28th April, 2014
Clarification on Point No. (I) of definition Clause 2(51) of Key Managerial Personnel EmptySat Apr 12, 2014 11:44 am by News Reporter 01

» Appointment of Nominee Director as per Section 161(3)
Clarification on Point No. (I) of definition Clause 2(51) of Key Managerial Personnel EmptyFri Apr 11, 2014 12:17 pm by News Reporter 01

» Clarification on Point No. (I) of definition Clause 2(51) of Key Managerial Personnel
Clarification on Point No. (I) of definition Clause 2(51) of Key Managerial Personnel EmptyFri Apr 11, 2014 11:51 am by News Reporter 01


2 posters

    Clarification on Point No. (I) of definition Clause 2(51) of Key Managerial Personnel

    avatar
    Dipika


    Posts : 4
    Join date : 2014-03-31

    Clarification on Point No. (I) of definition Clause 2(51) of Key Managerial Personnel Empty Clarification on Point No. (I) of definition Clause 2(51) of Key Managerial Personnel

    Post by Dipika Wed Apr 09, 2014 6:44 pm

    Dear All,

    You are kindly requested to clarify that why in Point No. (i) of Section 2(51) i.e. in Definition of "Key Managerial Personnel" the Chief Executive Officer or the Managing Director or the Manager are in option and rest are numbered consecutively?

    Is it implies that if a Company is having any of the two positions among the Chief Executive Officer or the Managing Director or the Manager then only one of the two or three can be termed as Key Managerial Personnel?

    Kindly clarify.....
    avatar
    News Reporter 01
    Admin


    Posts : 37
    Join date : 2014-03-28

    Clarification on Point No. (I) of definition Clause 2(51) of Key Managerial Personnel Empty Re: Clarification on Point No. (I) of definition Clause 2(51) of Key Managerial Personnel

    Post by News Reporter 01 Thu Apr 10, 2014 4:54 pm

    Category one of KMP: is MD / CEO / Manager
    Category two: CS
    Category three: CFO

    Thus, for category one, any one shall be enough.
    avatar
    Dipika


    Posts : 4
    Join date : 2014-03-31

    Clarification on Point No. (I) of definition Clause 2(51) of Key Managerial Personnel Empty Clarification on Point No. (I) of definition Clause 2(51) of Key Managerial Personnel

    Post by Dipika Thu Apr 10, 2014 5:44 pm

    But if a Company is having one MD and one CEO both then who among these two can be termed as Key Managerial Personnel (KMP) ??
    avatar
    News Reporter 01
    Admin


    Posts : 37
    Join date : 2014-03-28

    Clarification on Point No. (I) of definition Clause 2(51) of Key Managerial Personnel Empty Re: Clarification on Point No. (I) of definition Clause 2(51) of Key Managerial Personnel

    Post by News Reporter 01 Fri Apr 11, 2014 11:51 am

    Usually a co. may not designate MD / CEO at a time. But if it happens then both will be under the bracket of KMP.

    Sponsored content


    Clarification on Point No. (I) of definition Clause 2(51) of Key Managerial Personnel Empty Re: Clarification on Point No. (I) of definition Clause 2(51) of Key Managerial Personnel

    Post by Sponsored content


      Current date/time is Fri Apr 26, 2024 8:20 pm