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Re-appointment of MD and WTD

Smruti (CS&CA) (79 Points)

20 March 2017

Dear All,

For the Re-appointment of MD & WTD, do we need to submt E-form MR-1? MGT-14 is filed with ROC after the AGM. The reappointment of MD & WTD will be effective from 1st April 2017. Kindly advise whether both DIR-12 and MR-1 is required to submit with ROC.

Thank you in advance.

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10 Replies

Ravi Kiran Vustela (Knowledge Seeker) (1353 Points)
Replied 21 March 2017

yes both MR1 ,DIR12 required

2 Like

PRATIK SHUKLA (Company Secretary) (49 Points)
Replied 24 March 2017

Yes as per my view both need to be filed because MR 1 is filed on the appointment of KMP & changes among them & DIR 12 filed when appointment of director & changes among them.

1 Like

Smruti (CS&CA) (79 Points)
Replied 31 March 2017

Thank you so much for your response, Kindly advise further, my clieny company desnt fall under Section 203. Compulsory appointment of KMP is not applicable to that company, however company is appointing MD, WTD & CS w.e.f 1/4/2017. In this case also do we need to file DIR 12 along with MR-1?

Thank you in advance.

Smruti (CS&CA) (79 Points)
Replied 31 March 2017

Thank you in advance.

Ravi Kiran Vustela (Knowledge Seeker) (1353 Points)
Replied 31 March 2017

if it is pvt company just DIR12 enough... refer section 170(2)/....... if it is public MR1 required only for MD& WTD. .for cs not required...
Public MR1+DIR12
pvt DIR12

2 Like

Smruti (CS&CA) (79 Points)
Replied 01 April 2017

Thank You so much. Yes its a Public Ltd company having share capital of 4.5 Crore. So for appointment of MD & WTD- DIR 12 & MR-1 and for the appointment of CS on DIR-12 we will have to file.

Ravi Kiran Vustela (Knowledge Seeker) (1353 Points)
Replied 01 April 2017

for appointing MD ...u need to file mGt14 to .. section 117(3)

2 Like

Smruti (CS&CA) (79 Points)
Replied 01 April 2017

Yes that we filed in September after AGM. Appointment is w.e.f. 1st April, so from today within 30 & 60 days respectively DIR-12 & MR-1 we will have to file right?