Hi,
I joined this startup travel company in February 2016. The parent company is a holdings company with our Dubai-based investor as one of the directors. The private limited company formed in India has three directors based in India who are involved in day-to-day operations. The private limited company is registered at an address in Pune and has offices in Mumbai and Pune with over 50 employees and consultants.
Throughout the last year, we experienced irregularities in receiving our salaries. Due to our relationship with the co-founders, we initially persevered, hoping that the situation would improve. However, since December 2016, we have encountered significant challenges in receiving our salaries. My salary for December was paid in three installments up to March 2017.
Since January 2017, we have not received any salaries. I have five months of outstanding salary in addition to a considerable reimbursement.
Whenever we contact the directors, they inform us that they are working on securing the funds. Despite multiple promises and deadlines, the money has not been disbursed yet.
What can be done about this situation with the company? How can we recover our unpaid salaries and other dues?
These six months without salaries have put us in a difficult position. We have struggled to pay housing loans and other EMIs. Some individuals have borrowed money from various sources, and everyone is enduring a challenging financial situation. There is a possibility that some of us may not be able to afford legal fees. However, they are willing to allocate a percentage of their future salaries towards legal expenses from any money obtained through legal action.
I need advice and recommendations for individuals in Mumbai who specialize in handling such matters effectively.
We are seeking justice.
From India, Mumbai
I joined this startup travel company in February 2016. The parent company is a holdings company with our Dubai-based investor as one of the directors. The private limited company formed in India has three directors based in India who are involved in day-to-day operations. The private limited company is registered at an address in Pune and has offices in Mumbai and Pune with over 50 employees and consultants.
Throughout the last year, we experienced irregularities in receiving our salaries. Due to our relationship with the co-founders, we initially persevered, hoping that the situation would improve. However, since December 2016, we have encountered significant challenges in receiving our salaries. My salary for December was paid in three installments up to March 2017.
Since January 2017, we have not received any salaries. I have five months of outstanding salary in addition to a considerable reimbursement.
Whenever we contact the directors, they inform us that they are working on securing the funds. Despite multiple promises and deadlines, the money has not been disbursed yet.
What can be done about this situation with the company? How can we recover our unpaid salaries and other dues?
These six months without salaries have put us in a difficult position. We have struggled to pay housing loans and other EMIs. Some individuals have borrowed money from various sources, and everyone is enduring a challenging financial situation. There is a possibility that some of us may not be able to afford legal fees. However, they are willing to allocate a percentage of their future salaries towards legal expenses from any money obtained through legal action.
I need advice and recommendations for individuals in Mumbai who specialize in handling such matters effectively.
We are seeking justice.
From India, Mumbai
Hi.
I joined this startup travel company in February 2016. The parent company is a holdings company with our Dubai-based investor as one of the directors. The private limited company formed in India has three directors based in India who are involved in the day-to-day operations. The private limited company is registered at a Pune address. It has offices in Mumbai and Pune with over 50 employees and consultants.
Throughout the last year, we encountered irregularities in receiving our salaries. Despite knowing the co-founders, we persevered, hoping that the situation would improve. However, starting from December 2016, we faced significant challenges in receiving our salaries. My salary for December was paid in three installments until March 2017.
Since January 2017, we have not received any salaries. I have five months of salary pending, along with a substantial reimbursement.
Every time we contact the directors, we are informed that they are working on resolving the payment issue. They keep giving us dates after dates, but the money has not materialized so far.
What can be done about this company? How can we recover our salaries and other outstanding dues?
These six months without salaries have put us in a difficult position. We have been unable to pay housing loans and other EMIs. People have borrowed money from various sources, and everyone is enduring a challenging situation. There is a possibility that some of us may not be able to cover legal fees. However, they are willing to allocate a portion of their salaries to the lawyer from the money received through legal proceedings.
I need advice and contacts for individuals in Mumbai who are adept at handling such matters well.
We seek justice.
From India, Mumbai
I joined this startup travel company in February 2016. The parent company is a holdings company with our Dubai-based investor as one of the directors. The private limited company formed in India has three directors based in India who are involved in the day-to-day operations. The private limited company is registered at a Pune address. It has offices in Mumbai and Pune with over 50 employees and consultants.
Throughout the last year, we encountered irregularities in receiving our salaries. Despite knowing the co-founders, we persevered, hoping that the situation would improve. However, starting from December 2016, we faced significant challenges in receiving our salaries. My salary for December was paid in three installments until March 2017.
Since January 2017, we have not received any salaries. I have five months of salary pending, along with a substantial reimbursement.
Every time we contact the directors, we are informed that they are working on resolving the payment issue. They keep giving us dates after dates, but the money has not materialized so far.
What can be done about this company? How can we recover our salaries and other outstanding dues?
These six months without salaries have put us in a difficult position. We have been unable to pay housing loans and other EMIs. People have borrowed money from various sources, and everyone is enduring a challenging situation. There is a possibility that some of us may not be able to cover legal fees. However, they are willing to allocate a portion of their salaries to the lawyer from the money received through legal proceedings.
I need advice and contacts for individuals in Mumbai who are adept at handling such matters well.
We seek justice.
From India, Mumbai
Engage with peers to discuss and resolve work and business challenges collaboratively - share and document your knowledge. Our AI-powered platform, features real-time fact-checking, peer reviews, and an extensive historical knowledge base. - Join & Be Part Of Our Community.