MCA tweaks MR-1 and MR-2 forms; seeks detailed info w.r.t to NR managerial persons
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- By Chetan Kulasri
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- Last Updated on 24 January, 2023
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Notification No. G.S.R……(E)., Dated 19.01.2023
The MCA has amended the Companies (Appointment and Remuneration of Managerial Remuneration) Rules, 2014. Forms MR-1 & MR-2 have been modified. Now, in form MR-1, additional disclosure relating to whether the appointee is a Non-Resident and SRN of MR-2 for obtaining Central Government’s approval (as applicable) is to be mentioned. Further, in form MR-2, additional disclosure relating to details of application pending before NCLT/NCLAT has to be given.
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