Question
Who are categorized as key managerial personnel under
section 203 of the Companies Act, 2013?Solution
Section 203. Appointment of key managerial personnel: (1) Every company belonging to such class or classes of companies as may be prescribed shall have the following whole-time key managerial personnel: (i) managing director, or Chief Executive Officer or manager and in their absence, a whole-time director; (ii) Company Secretary; and (iii) Chief Financial Officer.
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