SAGITTARIUS (CS final) (114 Points)
12 June 20141 ..If we have appoined a CS already in year 2013 ..then still will there be a need to file fomr MR -1 to file return of appointment now ??
is filing of Form MR -1 compulsary for recognition of KMPs under the new act ??
or MR 1 is applicable to new appointment made after April 1 , 2014
2....Can remuneration of employee set in BR can be ratified ???
Avneesh Mishra
(CS Trainee)
(502 Points)
Replied 25 July 2014
Dear,
Query 1. If Form 25C of the Companies Act, 1956 has been filed for the appointment of CS then you need not to file MR 1 for CS. And to further clarifying all your doubts, I request you to please read the Annexure to MR 1 i.e. Form_MR-1_help (attached herewith for your ready reference). I hope you will get all your answers afters going through it.
Query 2. No need to ratify the remuneration of CS, CEO and CFO, However, a consent letter from the respective individual to act in the capacity of CS/CEO/CFO is required to be annexed with MR-1 as a mandatory attachement alongwith the CTC of Board Resolution.
Hope your queries are clear.
Regards,
Avneesh!
CAclubindia
