We are a Pvt. ltd. co. say A Ltd We have some workers whom we want to transfer. The standing orders, as well as the appointment letter, state that the worker can be transferred to any sister/associate company in India.
The co. where we want to transfer workers says B. Ltd is a subsidiary of the parent company of A Ltd. However, A Ltd. does not have any share in B Ltd. B Ltd. was acquired by the parent company of A Ltd. last month, i.e. after terms of appointment and standing orders were announced.
My questions are:
1. Can we transfer the worker to B Ltd. being a 'sister' concern of A Ltd
2. Does B Ltd. have any legal association with A Ltd. so as to fit in the clause "can be transferred to any sister/associate company"
3. Does the fact that B Ltd came into existence only recently have any effect since standing orders/appointments are prior in time?
Thanks
The co. where we want to transfer workers says B. Ltd is a subsidiary of the parent company of A Ltd. However, A Ltd. does not have any share in B Ltd. B Ltd. was acquired by the parent company of A Ltd. last month, i.e. after terms of appointment and standing orders were announced.
My questions are:
1. Can we transfer the worker to B Ltd. being a 'sister' concern of A Ltd
2. Does B Ltd. have any legal association with A Ltd. so as to fit in the clause "can be transferred to any sister/associate company"
3. Does the fact that B Ltd came into existence only recently have any effect since standing orders/appointments are prior in time?
Thanks