AskMe Employees File Petition to NCLT, As 4,000 left In The Lurch

Around 4,000 employees of AskMe, which is on the verge of closure, after its promoter, Malaysia-based Astro Overseas pulled out last month without paying the last tranche of funds to the company, have filed a petition to the National Company Law Tribunal (NCLT), to address their grievances as they continue to demand payment of their long-pending salaries and dues.

In the petition, employees have asked to govt to direct Astro, which they hold accountable for mismanagement leading to the shutdown not to dilute its stake in Askme. They’ve further demanded that the company board not be changed, instead seeking a management buyout of the company, and have asked Astro not to sell any assets of Askme.

The company has not only failed to pay salaries to its employees but also to its vendors, who have been demanding dues since last year.