Company shutdown. Director says no money. How to recover salary?
I was working in a company. But the director shutdown the company without giving any notice and salary. When I asked for salary then they told me that they have no money. Once they will have then they give it to us. Can you help me in that because mine and my other colleagues salary is stuck since 2 months.
Please give me some suggestion and help as soon as possible.
Answers (1)
You need to send a legal notice asking for your salary and other dues (basically full and final settlement) and give them a period of 30 days for making the said payment. If they do not comply with the aforesaid notice then you can initiate a recovery suit against the company for recovery of your dues.
You can also register an FIR in the nearest Police Station for the offence of cheating under Section 420 of the Indian Penal Code.
Kindly contact us for any further details and action.
The internet is not a lawyer and neither are you.
Talk to a real lawyer about your legal issue.
Popular Recovery Lawyers
Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at LawRato.com and has been responded by one of the Recovery Lawyers at LawRato.com to address the specific facts and details. You may post your specific query based on your facts and details to get a response from one of the Lawyers at LawRato.com or contact a Lawyer of your choice to address your query in detail.
Related Questions
- Gave money to friend and now he is not returning calls, how to recover
- Protection of witness of loan in case of default by the borrower
- Unknown account recovery and amendment succession cert.
- Can phone messages be used as an evidence to recover money
- Invested in a chit fund company got closed want to recover the money
- How to recover debt
"LawRato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."
Related Articles
- Time limit for filing a recovery case is it valid after 3 years
- Is promissory note valid if there is no date on it?
- CAN I TAKE STAY ON AUCTION FROM DRT ?
- Can loan guarantor sue the debtor for non payment
- Law on giving safe friendly loan in India
- How to file a suit for recovery of money
- How to seek father's government job after his death
- bank sent notice to settle credit card bill what to do.
- Regarding Personal Loan Default. How to do settlement?
- Conversion of education loan account as NPA without notice
- Can bank ask guarantor to repay loan if borrower is missing
- What is the court fee for declaration suit
- Client Refusing to pay money what action can I take
- Money cheating/fraud by a friendwe have proof's How to file a case ?
- How to seek father's government job after his death