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Compensation for workers after closure of company


15-Sep-2023 (In Labour & Service Law)
If company is closed, so what compensation in MNC group. Worker doing job in last 10year.
Answers (1)

Answer #1
513 votes
if the company is shutting down or closing due to what ever reason then yes, you are entitled to compensation from your company. you are also entitled to gratuity and retrenchment and salaries for next 2-3 months as per your appointment letter.

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