Incorporation & Change · Panaji, Goa
Correct filing of Form MR-1 in Goa — the return of appointment of a managing director, whole-time director or manager — filed with the ROC within 60 days of the appointment, so your company's key managerial appointments are properly on record.
Overview
When a company appoints a Managing Director, Whole-Time Director or Manager, the appointment must be reported to the ROC by filing Form MR-1, the return of appointment, within 60 days. These are key managerial roles with defined powers and remuneration, so their appointment carries specific compliance.
The appointment itself needs board and, in many cases, member approval, and the terms must comply with the Act — including the rules on managerial remuneration. We handle the resolutions, the MR-1 filing, and the related director (DIR-12) compliance, within our change management and corporate law services.
What's covered
Key managerial appointments, properly filed.
Get a fixed-fee quote →Structuring the appointment and remuneration compliantly.
Securing board and member approvals as required.
Filing the return of appointment within 60 days.
Filing the related director appointment (DIR-12).
Ensuring managerial remuneration is within limits.
Updating registers and keeping the appointment on record.
Our process
We frame the appointment and remuneration.
We pass the board and member resolutions.
We file the return within 60 days.
We file DIR-12 and update records.
Frequently asked questions
Form MR-1 is the return of appointment that a company files with the ROC when it appoints a Managing Director, Whole-Time Director or Manager. It records the appointment and its terms, and is a specific compliance for these key managerial roles under the Companies Act 2013.
MR-1 must be filed within 60 days of the appointment of the managing director, whole-time director or manager. Filing late attracts additional fees, so we prepare and file it within the window after the appointment is approved.
MR-1 reports the appointment of a Managing Director, a Whole-Time Director, or a Manager — the executive managerial positions with defined powers under the Act. The appointment of ordinary directors is reported separately through DIR-12, which we also handle.
Appointing a managing or whole-time director or manager generally requires a board resolution and, in many cases, approval of the members, with the terms and remuneration complying with the Act, including Schedule V where applicable. We manage the approvals and ensure compliance.
Yes. The Companies Act sets limits on the remuneration payable to managerial personnel, linked to the company's profits, with conditions and approvals required to exceed them. We structure the remuneration to comply and advise where special approval is needed.
No. MR-1 is the return of appointment specific to a managing director, whole-time director or manager, while DIR-12 reports the appointment, resignation or change of directors and key managerial personnel generally. An executive appointment often needs both, which we file together.
Book a free consultation and share the appointment details. We structure the terms, pass the approvals and file MR-1 and DIR-12, on a transparent fee.
Related services
Book a free consultation with a qualified Chartered Accountant in Goa. We'll structure the appointment and file MR-1 — no obligation.