Form filing for already appointed kmps
This query is : Resolved
CS Ritika Arora
(Querist)
27 August 2014
My company is a private company, therefore we are not mandatorily required to appoint KMPs under section 203 of CA, 2013. We already have KMPS including CFO and CS in our company.
Do we have to file form MR-1 or take any alternative action so as to regularise the appointment of our existing KMPs?
Kindly give your valuable opinions.
Thank you
Do we have to file form MR-1 or take any alternative action so as to regularise the appointment of our existing KMPs?
Kindly give your valuable opinions.
Thank you
CS Divesh Goyal
(Expert)
28 August 2014
no even if u have cfo therr is no need to file.mr-1 To regularise his as kmp
but if ur paid up cap is exceef 5 Core.and u have cs then there is need.to file.mr-1 to designate hi as kmp
but if ur paid up cap is exceef 5 Core.and u have cs then there is need.to file.mr-1 to designate hi as kmp
CS Divesh Goyal
(Expert)
28 August 2014
no even if u have cfo therr is no need to file.mr-1 To regularise his as kmp
but if ur paid up cap is exceef 5 Core.and u have cs then there is need.to file.mr-1 to designate hi as kmp
if u want drft mail me at csdiveshgoyal@gmail.com
but if ur paid up cap is exceef 5 Core.and u have cs then there is need.to file.mr-1 to designate hi as kmp
if u want drft mail me at csdiveshgoyal@gmail.com
CS Ritika Arora
(Querist)
28 August 2014
Thank You for the guidance.
But I am confused that if I already have a CS in my company whether my paid up capital exceeds 5 cr or not... I would have filed e-form 32 at the time of his appointment AND now when the new Act has come into effect, the CS in my company has become a KMP by virtue of section 2(51) of the new Act; then what is the requirement to again file eform MR-1 for this purpose.
Also that there is no clarification as to filing of form MR-1 in respect of existing CFO then how are we going to intimate ROC about his appointment.
Please guide.
But I am confused that if I already have a CS in my company whether my paid up capital exceeds 5 cr or not... I would have filed e-form 32 at the time of his appointment AND now when the new Act has come into effect, the CS in my company has become a KMP by virtue of section 2(51) of the new Act; then what is the requirement to again file eform MR-1 for this purpose.
Also that there is no clarification as to filing of form MR-1 in respect of existing CFO then how are we going to intimate ROC about his appointment.
Please guide.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Accounting treatment of AMC alongwith the purchase of Laptop
- Nursery business
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Tax on Amount transferred in HUF Account
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Issuing of delivery challan by seller of goods
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
