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Narendra   01 May 2020

Liquidation of bank

I am employee of co op bank whose licence has been cancelled & liquidators appointed, our gratuity & leave is not provided in balance sheet ,what will happen to our dues please give coment


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 3 Replies

Karishma Yadav

Karishma Yadav   13 May 2020

Greetings!

The following article might help you-

https://www.lawyersclubindia.com/articles/employees-can-approach-nclt-for-recovery-of-dues-under-ibc-2016-8326.asp

 

Regards. 

Kavya Sreejith

Kavya Sreejith   13 May 2020

Employees are first in line to receive the defaults. To know more, read : https://www.lawyersclubindia.com/articles/employees-can-approach-nclt-for-recovery-of-dues-under-ibc-2016-8326.asp

Narendra

Narendra   13 May 2020

Thank you Very much for Your Reply


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