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Preamble: These case laws are related to the “Concept of Lifting up of Corporate Veil” in the context of Companies. Any concept c
Synopsis This article explores a live query resolution session conducted by Ms. Dibsha Nanda, a content writer at LAWyersclubindia wherein,Adv. Ani
QUESTIONS IN SEARCH OF ANSWERS. The Hon'ble Prime Minister under his vision and call for ATMA NIRBHAR ABHIYAN / SELF RELIANT INDIA MOVEMENT bas
Posted by Arunav
The resolution professional has issued letter indicating reduction in salary of the employees.
My understanding is that since reduction in salary have adverse impact on calculation of gratuity and other benefits as such reduction may only be done after paying the previous accrued benefit and then starting afresh with the new terms of employment.
Kindly advise so that we may counter the resolution professional proposal.
Any judgment to support the contentions will be appreciated
Updated on : 09/08/2020 16:10:02