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

Zenith Polymers Ltd appoints Ms. Radhika Menon as a director on 10 March. Under the Companies Act, 2013, within what time must a return containing the prescribed particulars of this director be filed with the Registrar?

The return must be filed with the Registrar within thirty days from the appointment of the director. The same thirty-day period applies to appointments of key managerial personnel and to any later change in the particulars, as required under Section 170(2).

  1. AWithin thirty days from her appointmentCorrect
  2. BWithin sixty days from her appointment
  3. CWithin fifteen days from her appointment
  4. DWithin ninety days from her appointment

Explanation

Section 170(2) requires a return of the particulars of every director and KMP to be filed with the Registrar within thirty days from the appointment, and also within thirty days of any change. The other periods are not those prescribed in the section.

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