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Question

As per Section 2(51) of the Companies Act, 2013 "Key Managerial Personnel", in relation to a company, means -
(I) Chief executive Officer or the managing director or the manager.
(II) Company secretary.
(III) Chief legal officer.
(IV) Whole-time director.
(V) General manager.
(VI) Chief compliance officer.
(VII) Chief financial officer.
Select the correct answer from the options given below -

A
(I), (II), (IV) & (VII)
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B
(I), (III), (IV) & (VII)
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C
(I), (II), (III), & (IV)
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D
(I), (II), (III), (IV), (VI) & (VII)
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Solution

The correct option is B (I), (II), (IV) & (VII)
As per section 2 (51) of the Act, "key managerial personnel", in relation to a company, means:
  • the Chief Executive Officer or the managing director or the manager;
  • the company secretary;
  • the whole-time director;
  • the Chief Financial Officer; and
  • such other officer as may be prescribed;

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