An inorganic growth by way of strategic decisions like merger, acquisition, business purchase, asset purchase, etc. often involves transfer of workforce and related issues. The said issues commonly arise on account of the complicated labour law regime governing such transfer, specially concerning the 'workmen' category of employees who have been given special protections and safeguards under applicable laws. Failure to comply with statutory provisions in this regard may result into invalidation of the transaction, amongst other legal risks and liabilities.
Members of our team regularly advise and assist employers on employment related issues in course of various cross border and domestic transactions, including strategizing and advising on transfer of employment, statutory conditions and compliances, documentations (including letters and notifications to employees), transfer of registrations, dealing and negotiating with the employees, claim settlements, post transaction issues, etc.