1 year ago
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.
it depends upon the mutual understanding between old company and new company. But, under any circumstances the eligible employees can't be denied gratuity.