Dear Sir,
Our company is engaged in Tour Operator from last 6years, head office is located in Mumbai & branch in Delhi........2 days back they given letters to 7 employees handing over letters that managements decided to close down the Inbound division of Mumbai & Delhi branch
IN the letter they have given one month notice period only to all staff......(which as per them is as mentioned in appointment letter)
Is there any law that the employee should get at least 3months notice period or compensation in liew (salary)....when company is closing down a division & all of a sudden 7 employee goes jobless
OR terms mentioned in appointment letter will be VALID!
Please guide so we can take call together soon .........
I also read following in the web............is this correct??
THE SCHEDULE
(See Section 16)
MODIFICATIONS IN THE WORKMEN'S COMPENSATION ACT, 1923,
IN ITS APPLICATION TO APPRENTICES UNDER THE
APPRENTICES ACT, 1961
APPENDIX I(2)-b
APPRENTICESHIP RULES, 1992*
8* Compensation for termination of apprenticeship:
Where the contract of apprenticeship is terminated through failure on the part of any employer in carrying out the terms and conditions thereof, such employer shall be liable to pay the apprentice compensation of an amount equivalent to his three months last drawn stipend.
* Substituted vide GSR 404, dated 25th November 1997
thanks for your help in advance
Regards/Kumar
