Regarding termination of services in startup

729 votes

This is a major repercussion of taking employment with startup. Since earnings of startups are diminishing with most of startups having no concrete assessment of business & not having strong legal team to guide, the result is that over period of time most of startups close their business, and employees are first ones who face termination. Now your employment with your employer is a contract which should have clause relating to minimum one month notice period which is requirement of law, and if they terminate your services at once, your employer is bound to make payment of one month salary. Other than that you may not have much remedy available under the law.

Advocate Vivek Nasa LawRato

591 votes

In the private sector your terms of employment are governed by the contract signed by you with the company. Thus if they are terminating your service as per the contract you will not be able to reclaim appointment but you will be able to claim wages in case of inadequate time on written notice. However if you feel your services have been wrongfully terminated you may sue the company and claim compensation for the same.

Advocate Rohan Mittal LawRato