Online Copyright Registration in India

Protect your creative work
Books, Songs, film, websites, Software, painting, fashion Design etc
Call now: 09891244487

Ask Our legal Experts, on issues related to Divorce

File Mutual Consent divorce right away

Call at ph no: 9650499965
Search On:Laws in IndiaLawyers Search

Author Topic: Compensation on Retrenchment  (Read 286 times)

0 Members and 1 Guest are viewing this topic.

Offline expertans

  • Newlaw
  • *
  • Posts: 1
  • Karma: +0/-0
  • Welcome to legal Service India - law forum for free legal Information
    • View Profile
Compensation on Retrenchment
« on: April 11, 2016, 12:30:04 AM »
Hi,

Need your expert advice on the following - My company has been on a retrenchment spree and downsizing itself. The issue is in the appointment letter it states 3 months notice or 3 months salary on either sides during separation. But currently it has been offering only 2 month's salary as settlement. How should one proceed and settle this amicably?

Thanks.

Offline riteshmaity

  • Professional legal Expert
  • ***
  • Posts: 95
  • Karma: +1/-0
  • Labour Law Advocate in Kolkata
    • View Profile
    • Labour Law Advocate in Kolkata
Re: Compensation on Retrenchment
« Reply #1 on: April 26, 2016, 05:57:47 AM »
Retrenchment compensation should be 15 days salary for each year of service along with one months salary. There is a legal procedure that your company needs to follow for 'retrenchment'.
Linkedin - https://in.linkedin.com/in/riteshmaity
Labour law blog - www.labourlawhub.com
Email - ritesh.k.maity***at***gmail.com
Phone - 91-983-667-9309

 

File a Consumer Complaint
Property verification
Call: 9873628941
 

Lawyers in India - Listed city wise Mumbai
Bangalore
Pune
Pondicherry
Jaipur
lawyers in London
lawyers in Birmingham
Chennai
Allahabad
Ahmedabad
Jodhpur
Indore
lawyers in Toronto
lawyers in Sydney

Cochin
Lucknow
Ranchi
Thane
Janjgir
lawyers in Milan
Johannesburg

Delhi - New Delhi
Chandigarh
Surat
Nashik
lawyers in New York
los Angeles
Kolkata
Hyderabad
Rajkot
Nagpur
lawyers in Dhaka
lawyers in Dubai

Copyright Registration

Ph no: 9891244487

For Mutual consent Divorce in Delhi - Ph no: 9650499965

Home | Bare Acts | Law Forms | Supreme Court Judgments | Legal Advice | Lawyers | Submit article | Sitemap | Contact Us

legal Service India.com is Copyrighted under the Registrar of Copyright Act ( Govt of India) 2000-2016
Get Free legal Advice here from top notch lawyers in India