Q.What is meant by 'Key Managerial Personnel' (KMP)?

Section 2(51) of the Companies Act, 2013 names a specific, small group of senior officers as KMP, and the Company Secretary is expressly one of them.

Section 2(51) of the Companies Act, 2013 defines 'key managerial personnel' in relation to a company as: (i) the Chief Executive Officer or the Managing Director or the Manager; (ii) the Company Secretary; (iii) the Whole-time Director; (iv) the Chief Financial Officer; and (v)/(vi) such other officer, not more than one level below the directors and in whole-time employment, as the Board may designate, or as may otherwise be prescribed. …

Naming only 'the CEO and CFO' and forgetting that the Company Secretary is expressly listed as KMP too — this …