Dear All,
Please refer to the Honorable Bombay High Court's judgment delivered yesterday (Google 'air india' and see news). The court has dismissed a petition filed by employees who were being transferred to a newly created subsidiary. I would like to know what our members having a legal background think about this development. Can it stand the scrutiny in the apex court?
From India, New Delhi
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106Please refer to the Honorable Bombay High Court's judgment delivered yesterday (Google 'air india' and see news). The court has dismissed a petition filed by employees who were being transferred to a newly created subsidiary. I would like to know what our members having a legal background think about this development. Can it stand the scrutiny in the apex court?
From India, New Delhi
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Hi Experts, kindly advise me on the below things.
If Company A is acquired by Company B, what are all the consequences? If the employees of Company A are retained in Company B, can the employees' gratuity, PF, earned leaves, and service be considered as continued service or a break in service? If this is considered as continued service, could you please clarify under what statutory sections this is covered?
From India
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If Company A is acquired by Company B, what are all the consequences? If the employees of Company A are retained in Company B, can the employees' gratuity, PF, earned leaves, and service be considered as continued service or a break in service? If this is considered as continued service, could you please clarify under what statutory sections this is covered?
From India
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(Fact Checked)-The user's reply is requesting information on the consequences of Company A being acquired by Company B and the implications on employee benefits like gratuity, PF, earned leaves, and service continuity. It is relevant to consider statutory sections, especially regarding service continuity during such transfers. (1 Acknowledge point)