My startup promised me equity for my great work, but after they raised more funds and bought another company, they backtracked and said I wasn’t performing well. Then, they fired me without a role and denied my bonus. Can I sue them under Indian labor laws for wrongful termination and unpaid dues?
Best Answer
You may have a case for wrongful termination under Indian labor laws if your contract promised equity and you were dismissed without a valid reason, especially if you were fired soon after the company raised funds or acquired another company. You can also sue for unpaid dues, including your promised bonus, if it was legally due and not paid. However, the specific outcome will depend on the terms of your employment contract and the company’s justification for termination. It’s crucial to consult with a lawyer to assess your options and potential claims.
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