Hello, my name is XXXXX XXXXX it is my pleasure to assist you with your question today. When exactly did they start working for this employer?
Other notes: Contract of employment stated four weeks notice.
As the employees do not have the required length of service (2 years) to be protected against unfair dismissal, they cannot challenge the reasons or fairness of the dismissal. As such their only claims would be for any contractual benefits due to them, such as wages, holidays and notice pay. They will not be entitled to receive any redundancy pay.
If the company has formally entered an insolvency procedure, then the claim can be covered by the National insurance Fund, which will pay out certain amounts that are owed:
If the NIF will not cover these claims (there are many technicalities which could be relied on) then a claim can be made against the company directly through the county court. The financial status of the company at the time will be important because there is still a possibility the company may go insolvent and close down and without any money and assets to satisfy any potential claims, it would be inadvisable to sue it.
So, I get it. Is it a commercial decision is the CVA is a ruse and the company intention is to trade out. The directors are very wealthy and have
have numerous companies within the group, it is unlikely that they would let it die off becuase their name, it provides tax advisory services would be uncommercial.
okay is your answer complete?
A lot will depend on the company's financial situation at the time and whether it is likely to be able to satisfy any judgment against it. Whilst the directors may be wealthy, this claim is not against them - the company is a separate legal entity and it is its own financial situation that matters
Please let me know if this has answered your query or if you need me to clarify anything else for you in relation to this?
many thanks, XXXXX XXXXX best
FYI, trying to rate the answer so that you can receive the credit but not allowing me. I am satisfied with the response.
Thanks, XXXXX XXXXX resolve at my end