See, there is a SupremCourt decision on MinimumWages where if any employer has to pay minimum wages means.....even if employer declared himself/herself bankrupt, he/she can not runaway without making payments to the staff in anycondition....else inform to Labour Commissioner

Dear Rashmi,
Greeting!
(1)Make plan and regular monitoring on Financial Controll apart from Legal compliances; is Cost cutting on Transportation, Electricity,Photocopies (make use of saving internet file instead of all get printed),Canteen related etc.
(2) HRM; Focuse on minimizing in recruitment of Casual or contact workers including HK-housekeeping,
(3) Above All what HRM defines"Maximum Utilization of Existing Resources!"
If any further querries.............write me bhardwaj.ch[at]gmail
(4) Make all employees aware by using Notice Board and put Note on Layoffs in IT industry by which staff will automatically understand and yes, make their rejob settlement as its also an important of HRD. Give full compansation to those how would be Laied OFF.

Unable to open through link also.

please find 2 documents on FBT and if querry is not solved pls get write me.