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Who among the following are indentified as the Key managerial personnel in the Indian Companies Act…

Under Section 2(51) of the Companies Act, 2013, 'Key Managerial Personnel' (KMP) in relation to a company means: (i) the Chief Executive Officer (a) or the Managing Director…

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Who among the following are indentified as the Key managerial personnel in the Indian Companies Act 2013?

(a) Chief Executive Officer.

(b) Whole Time Director.

(c) Company Secretary.

(d) Chief Risk Officer.

(e) Manager Choose the most appropriate answer from the options given below:

Select one answer
Answer and explanation

Correct answer D

Under Section 2(51) of the Companies Act, 2013, 'Key Managerial Personnel' (KMP) in relation to a company means: (i) the Chief Executive Officer (a) or the Managing Director or the Manager (e); (ii) the Company Secretary (c); (iii) the Whole-time Director (b); (iv) the Chief Financial Officer; and (v) such other officer not more than one level below the directors who is in whole-time employment and designated as KMP by the Board. A Chief Risk Officer (d) is not statutorily listed under Section 2(51) (a, b, c and e only).

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