Wtd

Request PC Sir and other expert to please advise.

Under Companies Act, 2013, there is no concept of KMP for the private limited companies. Your case is of private limited company where there is no need of CEO. Under Companies Act, 2013 an executive director consider as whole-time director. But concept of WTD not applicable to private companies so you no need to comply with Sec. 197 i.e. managerial remuneration.

I hopeI make your point clear.