M&m ltd. not giving proposal in writing
Navin Pandya
(Querist) 15 December 2013
This query is : Resolved
Namaste!
I am struggling for justice against my most unjust dismissal from Mahindra & Mahindra Ltd.
After SEBI's introduction of Listing agreement Clause 55, the Company agreed to resolve my grievances by paying compensation but the company doesn't want to do in transparent manner, ie, give proposal in writing. The company wanted to spread it over years, whereas I requested in lump sum in view of my being almost a senior citizen.
Now, there is status quo and the company does not respond further. I have only three emails as proof of company's agreement and then suspending discussion. There is not yet any further progress.
Can I file Writ Petition against the company? Kindly advise.
Best regards
Navin Pandya
Devajyoti Barman
(Expert) 15 December 2013
No Writ lies against pvt. ltd. company.
Engage the same authority in whose intervention you got relief earlier.
Navin Pandya
(Querist) 15 December 2013
Shri Devajyoti Barman,
Thanks. I did not get any relief earlier. The company agreed to give relief in view of the Clause 55 of the Listing agreement.
If I have understood correctly, I have to file Writ Petition against SEBI. Can I make M&M Ltd. as another Respondent?
Devajyoti Barman
(Expert) 16 December 2013
Yes you can add M&M another respondent(private).
Rajendra K Goyal
(Expert) 16 December 2013
Consult senior local lawyer and show him all the documents.
M V Gupta
(Expert) 17 December 2013
Get a legal notice issued to the Company through an Advocate. If the Company does not grant u the relief,lodge complaint with the SEBI itself. I also suggest u have an informal discussion with SEBI authorities.
ajay sethi
(Expert) 17 December 2013
contact a local lawyer