KMP roles create statutory accountability and signing authority. Section 203 should be reviewed before appointing or changing managing director, CEO, company secretary, CFO or other specified managerial roles.
Section 203 deals with appointment of key managerial personnel. The official Act identifies key managerial personnel roles such as managing director, CEO/manager, company secretary, whole-time director and chief financial officer, subject to applicability.
| Document | Control |
|---|---|
| Board approval | Supports appointment and terms. |
| Consent/appointment letter | Captures role, remuneration and effective date. |
| DIR / MCA filing, where applicable | Aligns MCA record with appointment. |
| Authority matrix | Defines signing and approval authority. |
| Handover records for change | Protects continuity and accountability. |
This article is intentionally source-limited to official MCA / India Code material. Verify final filing positions with the latest Act, Rules, MCA forms and portal advisories before publishing.
Section 203 covers appointment of key managerial personnel.
The Act includes roles such as MD/CEO/manager, company secretary, whole-time director and CFO, subject to applicability.
KMP roles connect to signing authority, financial reporting and statutory filings.