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Executive director

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Querist : Anonymous

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Querist : Anonymous (Querist)
05 June 2015 Unlisted public company wants to pay remuneration to executive director who is not designated as WTD.

what should be the necessary compliance.
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Chetan Patankar

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Chetan Patankar (Expert)
05 June 2015 Only Managing Directors and Whole-time Directors are Executive Directors.

Designate that person either as a Whole-time Director or MD. and follow S. 196, 197, Sch V of CA 2013

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