I am looking for expert advice from all members regarding the undermentioned gratuity issue :-
Company is shutting down its operations and all employees are asked to leave the company. Please advice that if employee has completed 4 years 6 months 10 days will he/ she be eligible for gratuity.
Gratuity rules are clear but nowhere is it written as when company is closed what will be the liability of gratuity for company.
And if 4 years 240 days still required to make company liable to pay gratuity then all small unethical companies can stop operations after ever 4.5 year to save the gratuity. Please advice and if you have any supporting documents please share the same.
Company is shutting down its operations and all employees are asked to leave the company. Please advice that if employee has completed 4 years 6 months 10 days will he/ she be eligible for gratuity.
Gratuity rules are clear but nowhere is it written as when company is closed what will be the liability of gratuity for company.
And if 4 years 240 days still required to make company liable to pay gratuity then all small unethical companies can stop operations after ever 4.5 year to save the gratuity. Please advice and if you have any supporting documents please share the same.