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

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

The return must be filed with the Registrar within thirty days from the appointment of the director or key managerial personnel. The same thirty-day limit applies to filing a return after any change in the particulars, as laid down in 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 key managerial personnel to be filed with the Registrar within thirty days of the appointment, and also within thirty days of any change. Sixty days, ninety days and six months are not the period prescribed for this return.

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