Mgt 9 and remuneration to executive director

Executive Director of Pvt Ltd company are getting salary without being categorized as Whole Time Director.

Since MGT 9 has prescribed the field for putting up the remuneration as WTD/MD/Manager/Executive /Independent, at the time of filling up the MGT 9, where to disclose such remuneration.

Regards,

Sandip Goswami

Replies (5)
See the defination of a manager. A director can also be a manager. Accordingly you can enter the details in the same space provided.

In order to designate a person as Manger. lot of other compliances need to be complied with and simply the said Director in working in capacity as "Manger."

Regards,

Sando Goswami

I too faced the same problem, what I did that in MGT-9 -i disclosed the salary of Director who is in whole time employment but not designated as a whole time Director in Remuneration to other directors (other specify) and give notes.

Thanks for reply.

But in your case you have put the remuneration in the field of non executive. What to do if director is executive.

Regards,

Sandip Goswami

In my case also Directors are executive Directors because he is in whole time employment.Non Executive director are outside Director who can only attend the meeting but cant take any companies decision. 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
09 September 2026
Chartered Accountant

Aviv Global Private Limited

Ahmedabad

CA

View Details
Company
ARTICLESHIP 04 September 2026
Accounts Executive

Hema Yashwanth & Associates

Chennai

B.Com

View Details
Company
ARTICLESHIP 18 September 2026
Industrial Trainee

Twenty Point Nine Five Ventures Private Limited

Noida

CA Inter

View Details
Company
ARTICLESHIP 01 September 2026
Articles

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Foundation

View Details
Company
09 September 2026
Semi Qualified CA / CA Inter - 2 Groups Cleared

Getmyca Consultant Pvt Ltd

New Delhi

CA Inter

View Details
Company
17 September 2026
Chartered Accountant

Dass Gupta & Associates

Gurgaon

CA

View Details
Company
08 September 2026
Audit Executive

Thammana & Associates

Srikakulam

B.Com

View Details
Company
Featured 21 September 2026
Consultant - Reporting

Finrep Advisors LLP

Mumbai

CA

View Details