25 September 2014
Hello, If a whole time Director is already appointed in a company in 2013, so is it required to file MR-1 for return of Appointment as KMP? Please specify, its urgent.
27 September 2014
Automatically there is no need to file MR-1 for existing WTD.
However if you want to designate such WTD as KMP to ensure compliance of Section 203, then you have to take note of such WTD as KMP and file form MR-1.
CAclubindia
