Under section 2(51) of the Companies Act, 2013, which person is not key managerial personnel solely by…
Key managerial personnel include the chief executive officer or managing director or manager, company secretary and whole-time director. The definition also covers other…
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Under section 2(51) of the Companies Act, 2013, which person is not key managerial personnel solely by reason of the stated status?
Answer and explanation
Correct answer D
Key managerial personnel include the chief executive officer or managing director or manager, company secretary and whole-time director. The definition also covers other specified or qualifying designated officers. Share ownership alone does not confer key managerial status.
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