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Advisory Note No. 3 Advisory Note No. 3

Advisory No. 3: Engagement of Key Managerial Posts and Human Resources in SPVs 

Partial Date: 2016CE Jul 4th
Document Category: Smart Cities Mission, Advisory Note
Tags: Institutional Framework, Acts Policies and Orders, Governance, Government Advisory, Missions, Projects, Smart City Mission, India

Subject: Engagement of Key Managerial Posts and Human Resources in SPVs

The SPV will be required to appoint Key Managerial Persons (KMPs) i.e. Chief Executive Officer, Company Secretary and Chief Finance Officer as per requirement of the Companies Act, 2013. In addition SPVs may also need to engage other Human Resources as provided in its organogram in the Smart Cities Proposal (SPV). Different cities have given different organograms in their SCPs, leading to different human resources requirement of Smart Cities.

Advisory No. 3: Engagement of Key Managerial Posts and Human Resources in SPVs . New Delhi: Ministry of Urban Development, Government of India, 2016.
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