Transfer of Employees from Old Company to new company
This query is : Resolved
25 November 2019
Hi All,
we have a company named XYZ pvt ltd, and employed more then 40+ employees. now we have floated a new company named XYN pvt company, with 75% of directors of XYZ company, and doing same business. in the mean time XYZ company going to windup.
Now i have to get to know how to move same employees from old to new without affecting employees CTC , Employment etc .
any further details required ask me,
thanking you,
we have a company named XYZ pvt ltd, and employed more then 40+ employees. now we have floated a new company named XYN pvt company, with 75% of directors of XYZ company, and doing same business. in the mean time XYZ company going to windup.
Now i have to get to know how to move same employees from old to new without affecting employees CTC , Employment etc .
any further details required ask me,
thanking you,
25 November 2019
Give offer letter to all the employees on the basis of existing employment terms and let them accept it and issue appointment orders.
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