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There is no such classification of companies incorporated under the Companies Act,1956 or Act of 2013 such as group company, sister company etc. These are common or colloquial names used only informally within the circles. Every company incorporated under the Act is a distinct and separate legal entity unless there is a common balance sheet with reciprocity of operations.THEREFORE, it is for the employees whose services shuffled among such " group companies" or "sister concerns" to be aware of the subsistence of any contract facilitating inter-company transfers and whether such contract has provision for transfer with continuity of previous service rendered in the transferor company and the liability to pay the whole terminal benefits by the transferee company.