Statutory Meaning & Definition
Chief Financial Officer — a KMP under Section 2(19) of Companies Act 2013 responsible for financial management of a company. Mandatory for listed companies and certain other classes. Signs the financial statements along with the MD/CEO.
Frequently Asked Questions (FAQs)
What is CFO in Indian corporate law?
Chief Financial Officer — a KMP under Section 2(19) of Companies Act 2013 responsible for financial management of a company. Mandatory for listed companies and certain other classes. Signs the financial statements along with the MD/CEO.
Why is CFO important for compliance?
CFO is governed by the Ministry of Corporate Affairs under the Companies Act, 2013. Understanding this concept is essential for ensuring regulatory compliance, avoiding penalties, and making informed corporate decisions in India.
What is the full form of CFO?
Chief Financial Officer — that is the full form of CFO.
Contextual Analysis & Regulatory Circulars
Recent analysis and regulatory updates related to MCA:
MCA Overseas Listing Amendment Rules 2026 (G.S.R. 968(E)): Equity Instruments, IFSC Companies and the 75% QIB Route
Published: 5 November 2026
INC-20A Declaration for Commencement of Business: 180-Day Due Date, Fees, Penalty & MCA V3 Filing Guide
Published: 4 November 2026
MSME Form I Half-Yearly Return: Due Dates, Applicability, Section 405(4) Penalty & MCA V3 Filing Steps
Published: 2 November 2026
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