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Nidhi vora (Service)     22 February 2009

Retrenchment

Dear Friends,

In our company 85 Nos.of total employees are working,we want to retrench some of them.

My querry is 1) compensation at what quantum?

                       2) Apart from retrenchment compensation any other compensation like notice pay etc.because appointment letter condition is 3 months notice by either side,so notice pay is nacessary?

 

 

Nidhi



Learning

 2 Replies

Suresh C Mishra (advocate)     22 May 2009

 i am totally agree with Mr Prabhaker and apart from that it is required to give notice to the showing the reasons of the retrenchment and information to the conciliation of the area concern to this effect in order to justify the retrenchment of the employee apart from the payment of retrenchment compenstion and other dues .


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