Key Managerial Personnel requirement requires listed and qualifying public companies to appoint whole time KMP under company rules. Every listed company and every other public company that meets the paid up share capital threshold specified in the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 must have whole time Key Managerial Personnel, creating a statutory corporate governance obligation under the Companies Law.
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Provisions expressly mentioned in the judgment/order text.
Key Managerial Personnel requirement requires listed and qualifying public companies to appoint whole time KMP under company rules.
Every listed company and every other public company that meets the paid up share capital threshold specified in the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 must have whole time Key Managerial Personnel, creating a statutory corporate governance obligation under the Companies Law.
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