Appointment of MD in Pvt Ltd

    Posted By : CS Gaurav / Published on : 13-Apr-2018 03:30 PM / View : 22 / Comment : 0
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    Dear members, Need your advice on the following scenario. A Pvt Ltd company appointing a new MD. its paid up capital is less than 5cr, so MD is not a KMP. As per notification sec 196(4)(5) is not applicable for private companies. So do we need to file only MGT-14 for BR and DIR-12 for appointment or MR-1 is also mandatory. please advice.
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