What is agreement between company and manager?
This is a legal agreement between a company and a factory manager. It is a type of employment contract, particularly used while appointing someone to a managerial position in an organization (in this example, a factory supervisor). The agreement outlines:
- The mutual consent of the agency and supervisor
- The phrases and situations of employment
- The criminal reputation of the appointment
It guarantees clarity and safety for both parties — the business enterprise and the employee.
When Can It Be Used?
This template is usually used at the time of appointment of a manager, mainly:
- When a new manager is hired to update a previous one.
- When an organization is expanding and hiring a manager for a brand new unit or branch.
- After selection through commercial and interview, to formalize the hiring.
It is not intended for junior employees, experts, or informal hires — most effective for managerial positions with responsibilities.
Where Can It Be Used?
This template may be utilized in:
- Any corporate office, manufacturing unit, or commercial setup
- Across industries — e.g., metallic, fabric, electronics — anyplace a managerial put up exists
- Anywhere in India, as it’s far drafted below Indian legal guidelines (especially relating to the Companies Act, 1956)
It will also be modified for start-ups or personal firms hiring experts for strategic roles.
What is an Application for Adjournment?
An Application for Adjournment is a proper request made to a law forum, courtroom, or tribunal to put off or postpone a scheduled listening to or intending to a later date.
In the Context of Employment or Managerial Agreements:
When there may be a dispute related to an agreement among a employer and a manager — together with wrongful termination, breach of agreement, non-price of income, or overall performance problems — the problem can be taken to:
- Labour Court
- Industrial Tribunal
- Civil Court (for contractual disputes)
In such legal or quasi-legal proceedings, both party (corporation or supervisor) can report an application for adjournment if they’re unable to appear on the scheduled date or want extra time to prepare.
Simple Example:
Imagine Shri Arjun Mehta (the supervisor) claims that the enterprise violated the terms of the agreement by no longer paying his contractual bonus. He documents a case in court. A hearing is scheduled, but the employer’s legal counsel is unavailable on that day because of some other matter.
The corporation can document an Application for Adjournment, inquiring for the court docket to reschedule the listening to a later date.