which company term and condittion apply in old company emplo

Rahul (Querist) 12 May 2016 This query is : Resolved
Sir or Madam,

I am working in a company and our boss sold out it to another company. Then whose rule and regulation applicable in the takeover company and if new company sIGN the old company employee signature in increment letter whose include term and condition for employee and employer.then which company term and condittion apply in old company employees.

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Kumar Doab (Expert) 12 May 2016
The query is not drafted properly so as to convey a clear message.

You may post again and mention takeover conditions circular, increment letter extract etc...

Rajendra K Goyal (Expert) 12 May 2016
What were the conditions of take over in case of employees?

Devajyoti Barman (Expert) 13 May 2016
The acquiring company's policy will govern the job contract if new contract is made.

T. Kalaiselvan, Advocate (Expert) 14 May 2016
I go by the experts views on the subject query.

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