Director's remuneration

Grishma (Asst. Manager - Finance)   (38 Points)

05 January 2010  

Does a Director who is acting as a Managing Director an employee of the company? If he is not available for service due to some personal reason, can the company pay him remuneration on a pro-rata basis? Or the company should pay full amount irrespective of his being available at work?

Is he entitled to avail all the benefits that an employee receives? Like Leaves, etc