19th February 2016 From India, Salem
I think they should talk to the labour commissioner's office in their region and present their petition to protect their interests. It would be good if you could suggest to them step by step process.
19th February 2016 From India, Chennai
If the remaining employees are also desirous of resigning at the instance of the management as done by others, they can not get anything other than unpaid salary, bonus, gratuity, cash -value of unavailed portion of E.L directly from the employer in addition to making claim for P.F through him. If the exit is under a mutually agreed VRS, they can get additional compensation, if any as provided for in the scheme. Better make a joint representation first to the management for timely disbursement of salary and other statutory dues and inability on account of mounting losses and bleak business performance are the response, then, make a complaint to the area Conciliation Officer ( Labour Officer/ACL/DCL ) as suggested by Fred. During the course of discussion, the Officer may suggest retrenchment or voluntary retirement scheme as alternatives to the dead-lock and upon your acceptance, he can persuade the management for a settlement accordingly.
22nd February 2016 From India, Salem