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CMA Intermediate · Business Laws and Ethics · Key Managerial Personnel

Under Section 170 of the Companies Act, 2013, within what time must a return containing particulars of a newly appointed key managerial personnel be filed with the Registrar?

A return with the particulars of a newly appointed key managerial personnel must be filed with the Registrar within thirty days from the appointment, and likewise within thirty days of any change in those particulars, as required by Section 170(2).

  1. AWithin thirty days from the appointmentCorrect
  2. BWithin sixty days from the appointment
  3. CWithin ninety days from the appointment
  4. DWithin six months from the appointment

Explanation

Section 170(2) requires the return of directors and KMP to be filed with the Registrar within thirty days from appointment, and within thirty days of any change. Six months is the period for filling a KMP vacancy, not for this return.

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