which directors are employee?
shivanshu gupta (student) (28 Points)
15 May 2018
how to differentiate whether directors are employee or not?
1 Replies
RAJA P M
("Do the Right Thing...!!!")
(128106 Points)
Replied 15 May 2018
A directorship is an office, not necessarily an employment. If, however, the company enters into a service contract with the director, the terms of which make the director an employee under the usual common law test, then the director becomes anemployee. Many company directorsare in this position.
In terms of the Companies Act, a director is an agent, tustee and employee. A director is an employee if he holds a salaried employement and thus enjoyes all the benefits which are given to a regular employee. AManaging Director is a director who holds such position....
In terms of the Companies Act, a director is an agent, tustee and employee. A director is an employee if he holds a salaried employement and thus enjoyes all the benefits which are given to a regular employee. AManaging Director is a director who holds such position....
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