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According to Section 203(2), a KMP can be appointed by a board resolution containing the terms of appointment including their remuneration. Further, if the office of KMP is vacated, such vacation shall be filled up within 6 months of such vacancy by constituting a board meeting.
Key Management Personnel (KMP) Key Managerial Personnel (KMP) or Key Management Personnel refers to the employees of a company who are vested with the most important roles and functionalities.
Key Management Personnel (KMP) Key Managerial Personnel (KMP) or Key Management Personnel refers to the employees of a company who are vested with the most important roles and functionalities.
"Keep Me Posted" is the most common definition for KMP on Snapchat, WhatsApp, Facebook, Twitter, Instagram, and TikTok. KMP. Definition: Keep Me Posted.
08 December 2014 COO is not covered under the definition of KMP under the Companies Act, 2013. The definition include CEO & CFO as KMP.
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According to Section 203(2), a KMP can be appointed by a board resolution containing the terms of appointment including their remuneration. Further, if the office of KMP is vacated, such vacation shall be filled up within 6 months of such vacancy by constituting a board meeting.
Key Managerial Personnel ("KMP") refers to the whole-time employees of the company who are vested with the most important roles and responsibilities. They are the first point of contact between the company and its stakeholders and are responsible for the formulation of strategies and their implementation.
Key Managerial Personnel ("KMP") refers to the whole-time employees of the company who are vested with the most important roles and responsibilities. They are the first point of contact between the company and its stakeholders and are responsible for the formulation of strategies and their implementation.
Hence, the managing director (MD), CEO, every whole time director, CFO and CS are treated as KMPs. Section 203(1) Act mandates only specified class of companies to have a whole time KMP.
Key Managerial Personnel ("KMP") refers to the whole-time employees of the company who are vested with the most important roles and responsibilities. They are the first point of contact between the company and its stakeholders and are responsible for the formulation of strategies and their implementation.

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