Pls. kindly help me to write a sample termination letter to all staff due to company closed down. What is the entitlement for all staff due to this termination?
Your guidance is very help full for me. Thanks anyway!!!

From Malaysia, Kuala Lumpur

Dear Norazizah_s
If the company closed down, then the terminology 'termination' should not be used.
It is Retrenchment. I feel it can be mentioned as Retrenchment due to redundancy.
Please give your opinion in above terminology.
With warm regards
S. Bhaskar

From India, Kumbakonam

For closing down a company which has had an employment strength of 50 or more employees, a 'simple' letter will not be sufficient but it is to be prepared in accordance with the provisions of the Industrial Disputes Act. Since by closure of the company the employees will become jobless they will have to be given notice in advance (at least one month) or paid notice pay in lieu of notice and they should also be paid retrenchment compensation at the rate of 15 days pay for every completed year of service. This is in addition to gratuity payable under the Payment of Gratuity Act.
Attached please find the form Q which is to be sent to Labour Authorities informing the closure of the company. The same is used to inform the employees also. Hope the same would be useful to you.

From India, Kannur
Attached Files (Download Requires Membership)
File Type: doc Form Q (Notice of Closure).doc (28.0 KB, 5309 views)

Ann M

Sir, One of my Branch is closing down. I have only 2 employees in the branch. One officer & one peon. We are vacating the premises for which three month's notice has already been given. My officer will be transferred to another Branch. We have verbally told our peon about this, but he refuses to go/ resign.
As per terms of his letter we have one month's time in our hand to give him a notice. Should we give him that. He will get all his terminal dues. But nothing more. Because Company is doing very bad. We r not even getting our salary for more than 2 mths. now.
By doing so, will we have any legal complications. Can he go legally ?
An early reply would be appreciated.

From India, Mumbai

we want to closed the plant for Machines maintenance
From India, Ghaziabad
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.

Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR

All Copyright And Trademarks in Posts Held By Respective Owners.