KMP Appointment
Appoint Key Managerial Personnel — Managing Director, CEO, CFO, Company Secretary and Whole-Time Director — as required under Section 203 of the Companies Act 2013, with board/shareholder resolutions and MCA filings.
Appoint KMP for your company
Share the KMP role and candidate details. We handle the resolution, service agreement and MCA filing.
Talk to a CS →A complete kmp appointment package
KMP Eligibility Check
Verification that the proposed KMP meets the qualifications and is not disqualified under the Companies Act.
Board / EGM Resolution
Board resolution (or shareholder special resolution for MD/WTD) authorising the KMP appointment.
Service Agreement
Appointment letter and service agreement with terms of appointment, remuneration and tenure.
Form MR-1 / DIR-12 Filing
MR-1 filed for MD/WTD appointment within 60 days; DIR-12 filed within 30 days for director-designation KMPs.
Remuneration Approval
Remuneration approved as per Schedule V — shareholder approval if limits are exceeded.
Company Secretary Appointment
CS appointment recorded in board minutes — CS files their own DIR-12 and signs the MCA forms.
What is needed for kmp appointment
Section 203 — Mandatory KMPs
Every listed company and public company with paid-up capital above Rs 10 crore must appoint MD/CEO, CFO and Company Secretary.
Private Companies — CS Required
Private companies with paid-up capital above Rs 10 crore must appoint a whole-time Company Secretary.
Board Resolution Mandatory
A board resolution is required for every KMP appointment — the KMP must accept the appointment in writing.
MR-1 Within 60 Days
For MD or WTD appointment, Form MR-1 must be filed with the ROC within 60 days of appointment.
DIR-12 Within 30 Days
If the KMP is also a director, DIR-12 must be filed within 30 days of the appointment.
Schedule V Remuneration Limits
MD and WTD remuneration must comply with Schedule V — Central Government approval required if limits are exceeded.
A company secretary is not merely an administrative role — it is a statutory appointment. For companies above the threshold, absence of a qualified whole-time CS is a compliance default that attracts penalty on the company and every director in default.
Common issues with kmp appointment
Simple steps, no surprises
KMP role and eligibility confirmed
KMP category determined, candidate's qualifications and disqualification status verified.
Board / EGM resolution passed
Board resolution (or EGM special resolution for MD/WTD) passed — appointment letter issued.
Service agreement executed
Service agreement with remuneration, tenure and terms signed by the company and KMP.
MR-1 and DIR-12 filed
MR-1 filed within 60 days, DIR-12 within 30 days — ROC acknowledgement received.
Other services you may need
Frequently asked questions
Under Section 2(51) read with Section 203 of the Companies Act 2013, KMPs include the Managing Director, CEO, CFO, Whole-Time Director, Company Secretary and any other officer designated by the board.
Every listed company and every public company with paid-up share capital of Rs 10 crore or more must appoint a whole-time MD or CEO, a CFO and a Company Secretary. Private companies with paid-up capital above Rs 10 crore must appoint a Company Secretary.
Form MR-1 is filed within 60 days of appointing an MD or WTD. If the KMP is also a director, Form DIR-12 must also be filed within 30 days. Company Secretary appointments are recorded in board minutes and MCA forms are signed by the CS in their official capacity.
No. A person cannot hold two whole-time KMP positions in the same company simultaneously under Section 203(3). A director can be designated as MD and CEO, but cannot be both MD and CFO in a whole-time capacity.
Remuneration for MD and WTD is governed by Schedule V of the Companies Act 2013. In profitable companies, the limit is typically 5–10% of net profits depending on the number of managerial persons. In companies with inadequate or no profits, minimum remuneration limits apply — Central Government approval is required to exceed these limits.
Ready to appoint KMP for your company?
We handle the resolution, service agreement, MR-1 and DIR-12 — fully Section 203 compliant.