Appointment of Managerial Personnel (MR-1)

998399

*The price is exclusive of any amount payable to Government/Regulatory Authorities and GST.

Price 1000
Services covered :
  • Filing the Form.
  • Preparing documents to be uploaded along with the form.
  • Uploading the form.
Documents Required :

DIN or PAN of such personnel.

Effective date and tenure of appointment.

Certified true copy of the Board’s Resolution.

Certified true copy of the Shareholders’ resolution along with explanatory statement.

Copy of letter of consent to act as MD or WTD in Form DIR-2.

FAQ ()

Question : What are the forms required to be filed?
Answer : E-Form MR-1.
Question : What are the Governing Laws of this form?
Answer : E-Form MR-1 is filed in pursuant to Section 196, 197, and Schedule V of the Companies Act, 2013 and Rule 3 of the Companies (Appointment and Remuneration of Managerial Personnel) Rules 2014.
Question : Who is required to file this Form?
Answer : All the companies whether Public or Private.
Question : What is the Fees Structure of MR-1?
Answer : Nominal Share Capital Fee applicable
Less than 1,00,000:Rs.200
1,00,000 to 4,99,999:Rs.300
5,00,000 to 24,99,999:Rs.400
25,00,000 to 99,99,999:Rs.500
1,00,00,000 or more:Rs.600

Company not having Share capital: Rs.200
Question : What is the penalty for not filing Form MR-1?
Answer : Period of delays
Up to 30 days 2 times of normal fees,
More than 30 days and up to 60 days 4 times of normal fees,
More than 60 days and up to 90 days 6 times of normal fees,
More than 90 days and up to 180 days 10 times of normal fees,
More than 180 days 12 times of normal fees.
Question : What is the purpose of this Form?
Answer : In case the appointment of a managerial personnel is made within the specified parameters (in accordance of schedule V of the Companies Act, 2013) then a return has to be filed in E-Form MR.
Question : Is there a time limit for filing the form?
Answer : Yes, within 60 days from the date of passing the board resolution about appointment of Managerial Personnel.

Similar services in this category