I am not able to pay salary to employees what to do
23-Apr-2023 (In Labour & Service Law)
Hi, I started my company 7-8 months ago, unfortunetely went in loss and i am not able to pay salary of 1 month to all of my employees. they can file case against me. what can i do?
You need to arrange the money to disburse it to the employees who are working with the organization. To do so you may avail credit note from the market or from the bank or from any other organization. Besides this you are also required to reaccess the situation of your organization as well as the market and have to work accordingly. Simultaneously you should also pitch yourself in the market on a more robust way than of now.
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