Gratuity Claims - have set up a new entity as an LLP firm
I have set up a new entity as an LLP firm I have other companies with same Directors / Partners my queries are
1) can i transfer my existing employees from one of my entity to the newly formed entity
2) in case of transfer do I need to pay Gratuity to the eligible employees or that liability also gets transferred to the newly formed entity for employees who might be working for more than 5 years in my other Company.
A.Dear Sir,
it depends upon the mutual understanding between old company and new company. But, under any circumstances the eligible employees can't be denied gratuity.
it depends upon the mutual understanding between old company and new company. But, under any circumstances the eligible employees can't be denied gratuity.
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