Benefits to employee of a transferor company after merger within a profit making company.

Querist : Anonymous (Querist) 19 October 2010 This query is : Resolved
Dear experts,

Please refer to a case law of RIL versus IPCL Employees association (see pdf file attached)specially point no. 38 to 44.

My question is am I right to come on a conclusion that with effect from merging date and further, all employees of transferor company are eligible to get all those benefits that are declared on or after date of merger for employees of transferee company.

If you have more case laws like this one please give their references also.

rgds
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