Case Summary: Employee Benefits and Share Schemes Disputes
SimranLaw, renowned for their vast legal expertise in India, has successfully represented a high-profile client in a complex dispute concerning employee benefits and share schemes. Below is a summary of how the case was diligently resolved.
- Client was facing allegations of not offering legally mandated benefits to employees.
- A group of employees had also alleged that the company did not honor a share scheme agreement.
- Breach of employment contracts regarding employee benefits.
- Violation of share scheme agreements.
- Non-compliance with India’s employment laws.
SimranLaw’s Strategic Approach
- An exhaustive review of all employment contracts and share schemes:
- Conducted audits on all existing employment contracts.
- Analyzed all past and present share schemes.
- Thorough appraisal of the Indian laws surrounding employee benefits and share schemes:
- Advised the client on how to rectify breaches and improve compliance:
- Proposed a new strategy to honor the share scheme agreement without violating any laws or policies.
- Suggested improvements to ensure that all future employee benefit promises are legally compliant.
- Represented client in all legal proceedings.
- Reached an out-of-court settlement with the group of employees, sparing the client a long and costly trial.
- The client implemented the advised strategies and measures, ensuring legal compliance moving forward.