The transfer agreement between the companies states that the employees will be considered as continuous service. Are there any documents to be filed with the concerned authority regarding the change of employees from one gratuity trust to another?
From India, Bengaluru
From India, Bengaluru
As long as you mention continuity of service in transfer letters, that will suffice the purpose. Since the organization to which the employee is transferred will be new to him or her, you must have new nomination forms filled out. After all, once such employee joins the new company from the perspective of the Act.
From India, Mumbai
From India, Mumbai
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