In countries like India, it has become common for the companies to get closed and they also do pay the salary for the employees after the company getting closed. To fight against such salary issues for employee rights when the company closed down in India , the government of India has paid some rules. These rules are considered to be an outstanding debt for concerning identity. The stat The World Bank says that India occupies the 121st position in terms of closing the business within 10 years of starting the business. On average, every businessman takes 4.3 years to get settled in their fields. As the new rules, the salary amounts are payable for the period of two years and preceding the winding up the business. If there are debts, they have to be cleared within the 30 days of the period. When you look for the Indian labour laws , in particular, you can know about the opportunities in the law to fight for your needs. Salary settlement The amount needed for the ...