Company Laws

[JITENDER THAREJA]

if the pvt ltd company is on last stage than what the company resposibility for the employee.

my means what the responsibilities of pvt ltd. copmany.

[DR.MARIAPPAN GOVINDARAJAN]

Your query is not clear. Whether the company is under winding up process? If so the employees dues are having first preference than other dues. Please give the clear picture of your query.

AI Summary

Employee dues priority: in winding up scenarios, employee claims take precedence over other company creditors. In a private limited company's terminal stage, if the company is undergoing winding up, employee dues have first preference over other claims; factual clarification is necessary to determine the full scope of company responsibilities to employees.