It shall be appropriate to show all of your documents to your local service lawyer/law firm, who shall be able to advice you on the most appropriate action.
It is not understood why you received very little (penny) part of due salary in April.11. Has the company made any deductions from your payouts. It is important to have the details from company. You should approach the HR or accounts dept. and get details.
1. You have been asked to resign without notice. You can resign by giving notice as per terms of termination in your appointment letter. If the company accepts your resignation before expiry of notice period, company has to pay notice pay to you as per terms of appointment in your appointment letter.
2. You may try and negotiate with your company to get your payments.
3. If you are refused to be paid, then as suggested you can represent in writing under acknowledgment ,to the good office of your appointing authority, MD, CEO, Chairman, Company Secretary....and you should also mention that you received very little (penny) part of due salary in April.11, without any details/reasons why you have not been paid full wages/payouts, while you have worked for the whole period and that despite your representations to Mr...........
of HR/accounts on dated and on dated.......no reason and details has beeen supplied to you.
4.If they do not respond you can complain to the local office of Labor commissioner. Although you have mentioned your designation as Manager-Sales, by the nature of duties performed by you, you may be a workman. The company shall have to be present during the conciliation proceedings and you may get your payouts.
5. You can also issue legal notice to the company if your representations to the company are not replied and you are not paid.
6.You have mentioned that the company is closing the vertical.All emplyees who have not been paid together acn approach the concerned ministry and complain that without paying the earned wages company may not be allowed to close down and other divisions of the company and promoters may be asked to pay all the employees.