Merged Company Dilemma: Can I Get Compensation Without 5 Years of Service?

manjuks.horanadu
Dear Seniors & members,

I am working with an MNC that has merged with X company. Now, we are under the umbrella of X company. However, my old company has asked us to resign as almost all the employees have already done so. In my case, I have not completed 5 years of service. Despite this, I have to leave the old company without any benefits. Is there any remedy to receive compensation for this situation?
meenakshi.mahesh
According to me, you should not resign but instead consider requesting a transfer. Please find out what will be your Date of Joining (DOJ) with the new company. It should be the same as when you joined X company. This way, the Gratuity facility will be applicable to you if you complete your 5 years at X company. Otherwise, if you resign, you will be treated as a new employee.

Thank you.
anil.arora
The same topic has already been discussed by a member here; therefore, I would like you to please visit the weblinks posted below. Read carefully, and you'll get your answers for sure.

Clause No. 7 (A) in the Attached Document

Before this, I want you all to please have a look at Clause No. 7 (A) in the attached document "Mergers & Amalgamations under the Companies Act, 1956."

- [Applicability of Gratuity if there is a change in management](https://www.citehr.com/215279-applicability-gratuity-if-there-change-management.html)
- [What is gratuity act in merging acquisition of two companies](https://www.citehr.com/55167-what-gratuity-act-merging-acquisition-two-companies.html)

Regards
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