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CMA Final · Corporate and Economic Laws · Board of Directors and Key Managerial Personnel

Under the Companies Act, 2013, within what period must a return containing the particulars of a director or key managerial personnel be filed with the Registrar after that person is appointed, and likewise after any change in those particulars?

The return of particulars of a director or key managerial personnel must be filed with the Registrar within thirty days of the appointment, and again within thirty days of any change taking place, as required by Section 170(2) of the Companies Act, 2013.

  1. AWithin thirty daysCorrect
  2. BWithin sixty days
  3. CWithin ninety days
  4. DWithin six months

Explanation

Section 170(2) requires a return of the particulars of directors and key managerial personnel to be filed with the Registrar within thirty days of the appointment and within thirty days of any change. The sixty-day, ninety-day and six-month periods are not the period given in that sub-section. Six months is the time allowed to fill a vacancy in a whole-time KMP office, which is a different rule.

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