Two Dr Reddy's former employees ordered to repay Rs 41L, Rs 39L VRS amounts for reemployment
Hyderabad: Two former employees of Dr Reddy's Laboratories Limited (Dr Reddys) have been directed by the Labour Court-2 in Hyderabad to repay the VRS amounts of Rs 41 lakh and Rs 39 lakh respectively, before proceeding with their reemployment case.
According to a recent media report in Deccan Chronicle, the case involved 2 former employees of Dr Reddys, who opted for Voluntary Retirement Scheme (VRS) but later sought to return to the company. The two staffs approached the labour department to cancel their VRS and sought reemployment with the company.
The crux of the matter lies in the significant financial payouts associated with VRS. The two employees, having received substantial sum of Rs 41,10,829 and Rs 39,45,186 respectively under the VRS scheme, subsequently approached the labour department seeking to cancel their retirement and return to work at Dr Reddy's.
This triggered a legal battle that ultimately landed in the Labour Court.
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