WORKMAN TRF FROM SUBSIDIARY COMPANY TO PARENT COMPANY
sanjay batra
(Querist) 19 April 2009
This query is : Resolved
Dear Sir
In case lot of workman (>100) need to be transferred from subsidiary company to Parent Company( both are commercial estbalishment not covered under factory act) what all formalities do we need to comply( no standing order is deposited at labour dept before by both companies) and in new appointment letter/ transfer letter what clause is to be written (the terms of employement/benefit remains the same) so that contnuity of benefit of service say in ESI/ Gratuity is not effected
Regards
Sanjay Batra
+9811230040
H. S. Thukral
(Expert) 22 April 2009
What are the reasons to transfer the employee enmasse? Is the subsdiary compnay being closed and its assests being transferred to parent compay?
