Dear Sir,
I am working as a manager in a company whose current strength was 9 but the company fired 2 people for no reason recently. Now they are in the process of recruting new people out of which Two persons have already joined and 1-2 more are expected to join in due course.
As per gratuity act, it is compulsory for all companies with minimum size of 10 employees. I personally am looking to quit the company to give more attention to my family. I have completed 6 years service in this company. I have to service a notice period of 60 days as per my contract.
Currently my company employee strength after new people joined has become 9 people. 1-2 more people are expected to join the company in the next 30-45 days. So if I submit my resignation now and during the course of my notice period (60 days), the company strength crosses 10 people, will I be eligible for gratuity.
Please clarify as early as possible. Also would like to know the procedures to be followed if the company fails to honour the gratuity act.
Your earlier possible reply will be very much appreciated.
Best Regards,
Vidya