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Q & A

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You are kindly requested to clarify that why in Point No. (i) of Section 2(51) i.e. in Definition of "Key Managerial Personnel" the Chief Executive Officer or the Managing Director or the Manager are in option (by using or) and rest are numbered consecutively? Is it implies that if a Company is having any of the two positions among the Chief Executive Officer or the Managing Director or the Manager then only one of the two or three can be termed as Key Managerial Personnel? Kindly clarify.....

Section 2 - Definitions

Posted By: Dipika 10 year(s) ago

This question has been closed if you want to answer,you have to re-open.


Expert    Ankit Singhi

I believe all the 3 will be termed as key Managerial Personnel

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