https://www.taxtmi.com/caselaws?id=127010 A remunerated director or managing director may fall within the definition of "employee" under the Employees' State Insurance Act, 1948 when engaged in the work of the company, following the later Supreme Court view. The managing director does not become the "principal employer" merely by holding that office if the factory is owned by the company and he is not the sole owner or occupier. Once treated as an employee, the salary paid for such services constitutes "wages" for contribution purposes, and the statutory exclusions do not remove it from that definition. en-us Thu, 02 Dec 2010 00:00:00 +0530 Fri, 19 Sep 2014 11:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=127010 A remunerated director or managing director may fall within the definition of "employee" under the Employees' State Insurance Act, 1948 when engaged in the work of the company, following the later Supreme Court view. The managing director does not become the "principal employer" merely by holding that office if the factory is owned by the company and he is not the sole owner or occupier. Once treated as an employee, the salary paid for such services constitutes "wages" for contribution purposes, and the statutory exclusions do not remove it from that definition. Case-Laws Companies Law Thu, 02 Dec 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=127010