Dear Seniors,
Need your help on transfer query.
Actually one of the XYZ US company has bought 51% of our stakes (Say Company A) which has also bought stakes of other company in mumbai (Say B). Now they want to shift some of the staff from A to B company where the XYZ company is having 50% stake.
Can it be an internal transfer where we have to issue a transfer letter or it would be resigning from A and joining B freshly?
Please reply at the earliest.
Need your help on transfer query.
Actually one of the XYZ US company has bought 51% of our stakes (Say Company A) which has also bought stakes of other company in mumbai (Say B). Now they want to shift some of the staff from A to B company where the XYZ company is having 50% stake.
Can it be an internal transfer where we have to issue a transfer letter or it would be resigning from A and joining B freshly?
Please reply at the earliest.