Return of appointment of managerial personnel: mandatory filing capturing appointee details, remuneration, approvals, attachments, and professional certification. Form MR 1, filed under Section 196 read with Section 197 and Schedule V and Rule 3, requires corporate identification, appointee particulars (name, ... Summary
Return of appointment of managerial personnel: mandatory filing capturing appointee details, remuneration, approvals, attachments, and professional certification.
Form MR 1, filed under Section 196 read with Section 197 and Schedule V and Rule 3, requires corporate identification, appointee particulars (name, DIN/PAN/membership, designation), board resolution date, effective appointment date, detailed remuneration (salary, perquisites, other components), tenure, eligibility and disqualification disclosures, SRNs for related filings, and mandatory attachments including board resolution, consent and committee certificate; digital signature and practising professional certification are required, with penalties under Sections 448 and 449.
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