Co. with financial problems

Querist : Anonymous (Querist) 07 January 2011 This query is : Resolved
I took up an ppointment at managerial level with a co. on 15/11/10and was given appointment letter only on 23/12/2010. The co. is facing severe finance problem and does not pay to staff salary on time it is invaribly on or after 18/th of month and vendors are not paid for months. I intend to leave this co. after taking my salary but very tricky they have mention notice period of 2 month even during probation period and new employer will not waittill this notice period. Pl. help as I feel have been cheated by not giving appointment letter at the time of joining.

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Ajay Bansal (Expert) 08 January 2011
You may leave the comany by showing all aforesaid facts in your resignation letter.

Advocate. Arunagiri (Expert) 08 January 2011
If the company is not paying the salary in time, and having arrears, you are not bound by the notice period. You simply say no salary, not interested in continuing.

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