My company is not paying anybody salary for last month and they are still delaying it. And For some employees including me they are forcibly giving shares instead of salary for next 3 months. What legal action we can take?
From India, Gurgaon
From India, Gurgaon
Dear Sumit,
for Labour catagory they can file compliant to Regional Labour Dept. about the same under the Payment of wages act.1936.
for executive & Above level, can file civil case in court.
Regards,
Tushar Swar
From India, Mumbai
206for Labour catagory they can file compliant to Regional Labour Dept. about the same under the Payment of wages act.1936.
for executive & Above level, can file civil case in court.
Regards,
Tushar Swar
From India, Mumbai
Hello Sumit Bakshi,
Further to the clarification sought by Ukmitra, pl also give more details:
1] The reason(s) AS GIVEN by the Company for this step.
2] In which Sector is your Company?
3] What's the employee strength?
4] What's the Financial status of the Company? NOT as conveyed by the Management by as per EMPLOYEES' perception? This would be important--as it's possible that the Management is trying to increase the shareholders base--for different reasons ['right' or 'wrong' isn't the issue here].
Rgds,
TS
From India, Hyderabad
Further to the clarification sought by Ukmitra, pl also give more details:
1] The reason(s) AS GIVEN by the Company for this step.
2] In which Sector is your Company?
3] What's the employee strength?
4] What's the Financial status of the Company? NOT as conveyed by the Management by as per EMPLOYEES' perception? This would be important--as it's possible that the Management is trying to increase the shareholders base--for different reasons ['right' or 'wrong' isn't the issue here].
Rgds,
TS
From India, Hyderabad
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