New Click here to Enroll for SIDBI MSME Expert Classes by Experts

    Register

    Question

    Which of the following falls under the category of Key

    Managerial Personnel?
    A Chief Financial Officer Correct Answer Incorrect Answer
    B Company Secretary Correct Answer Incorrect Answer
    C Managing Director Correct Answer Incorrect Answer
    D All the above Correct Answer Incorrect Answer
    E Both (a) & (c) Correct Answer Incorrect Answer

    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 

    Practice Next