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KMP Appointment – Expertvuw
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Appointment of Key Managerial Personnel (KMP)

Last updated: 2 October 2026

Larger companies must appoint key managerial personnel — a managing director or CEO, a company secretary and a CFO — and every private company with paid-up capital of ₹10 crore or more needs a whole-time company secretary. Our team checks what applies and completes the approvals and filings.

Overview

Who must appoint KMP

Under section 203 of the Companies Act, 2013 and Rule 8 and 8A of the Managerial Personnel Rules:

  • Listed companies and public companies with paid-up capital of ₹10 crore or more must appoint whole-time KMP — a managing director, CEO or manager (or whole-time director), a company secretary and a chief financial officer.
  • Any company — including a private company — with paid-up capital of ₹10 crore or more must have a whole-time company secretary.
  • KMP are appointed by a board resolution setting out the terms and remuneration.
  • Appointment of a managing or whole-time director follows section 196 and Schedule V, with shareholder approval; public companies file Form MR-1 within 60 days.
  • Changes in KMP are reported to the ROC in Form DIR-12 within 30 days.
  • A vacancy in a whole-time KMP post must be filled within six months.

Based on sections 196 and 203 of the Companies Act, 2013 and the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014. Last updated: 27 September 2026.

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What This Service Covers

What our KMP appointment service covers

1

Checking which KMP your company must appoint

2

Board resolutions with terms and remuneration

3

Shareholder approval for managing and whole-time directors

4

DIR-12 and, for public companies, MR-1 filings

5

Filling vacancies within six months

Key facts at a glance

Section 203

Provision on whole-time KMP

₹10 crore

Paid-up capital that triggers a whole-time CS

DIR-12

Filed within 30 days of a KMP change

MR-1

Filed by public companies for managerial appointments

6 months

To fill a vacancy in a whole-time KMP post

Schedule V

Remuneration limits in some cases

Common Issues

Where KMP compliance commonly slips

KMP gaps are easy to miss as a company grows.

Capital crosses ₹10 crore

A private company raises capital and does not appoint a whole-time CS.

Vacancy left open

A CFO or CS leaves and the post stays vacant beyond six months.

Changes not filed

KMP appointments and resignations not reported in DIR-12.

Related Services

Related services

KMP compliance links to board changes.

Director Changes

Appointments and resignations.

Annual Compliance

The yearly calendar.

Corporate Governance

Board processes.

Fundraising Compliance

When capital crosses limits.

Documents Required

Documents we need from you

Appointee Documents

Company Documents

Our Process

How we handle KMP appointments

1

Applicability

Which KMP are mandatory for your company.

2

Terms

Terms and remuneration checked against the Act.

3

Board

Board resolution passed.

4

Members

Shareholder approval where required.

5

Filings

DIR-12 and MR-1 filed.

6

Records

Register of directors and KMP updated.

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Vacancies

When a KMP leaves

Plan replacement before the six-month window closes.

Resignation

DIR-12 filed within 30 days of the resignation.

Vacancy

Filled within six months by the board.

Interim

Responsibilities assigned during the gap.

Penalties

Penalties apply for failing to appoint mandatory KMP.

Get in Touch

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    FAQs

    Frequently Asked Questions

    Does a private company need a whole-time company secretary?

    Yes, if its paid-up capital is ₹10 crore or more.

    The managing director or CEO or manager, whole-time director, company secretary and chief financial officer.

    Listed companies and public companies with paid-up capital of ₹10 crore or more.

    Within six months of the vacancy.

    DIR-12 within 30 days; public companies also file MR-1 for managerial appointments.

    About Expertvuw

    Who handles your case

    CS Chetna Shoor, Company Secretary and Director, Expertvuw

    CS Chetna Shoor

    ACS – Director, Expertvuw Management Pvt Ltd

    This work is handled by Expertvuw’s team, with filings made on the MCA portal. Certifications and audits required by law are issued by independent practising professionals engaged for your case.

    Expertvuw Management Pvt Ltd