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CS Executive · Company Law and Practice · Key Managerial Personnel and their Remuneration

Zenith Polymers Ltd, a company in Pune, wishes to maintain the statutory register containing particulars of its directors and key managerial personnel along with their shareholding. Where must the company keep this register under Section 170 of the Companies Act, 2013?

The register of directors and key managerial personnel, including their shareholding details, must be kept at the company's registered office, as Section 170(1) of the Companies Act, 2013 directs for every company. Other locations such as an RTA's office are not prescribed.

  1. AAt its registered officeCorrect
  2. BAt the office of its company secretary in practice
  3. CAt the office of its registrar and share transfer agent
  4. DAt the corporate office of its holding company

Explanation

Section 170(1) requires every company to keep the register of directors and KMP at its registered office. The other places named are not what the section prescribes, even though a company may use agents or a holding company for other work.

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