New Delhi, Aug. 5 -- Amit Bansal, the recently terminated chief executive officer of Standard Chartered Research and Technology India Pvt. Ltd (SCRTIPL-known as Solv), has approached the National Company Law Tribunal (NCLT) seeking insolvency proceedings against his former employer.
Bansal has alleged non-payment of dues and wrongful termination in his filing under Section 9 of the Insolvency and Bankruptcy Code (IBC), 2016.
He has sought Rs.1.05 crore in unpaid and statutory dues-including Rs.12.4 lakh in salary up to his termination date, three months' notice period pay of Rs.54.9 lakh, and encashment of 45 days' unavailed leave of Rs.38 lakh.
Bansal has also sought compensation for 832,330.5 vested employee stock options (ESOPs), va...
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