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      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. 

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