Mr. Ranjan is an employee of the company Moon Limited and investigation is going on him under the provisions of the Companies Act, 2013. The company wants to terminate the employee on the ground of the investigation goin

Section 218 of the Companies Act, 2013 states that the company shall require to take approval of the Tribunal before taking action against the employee, if there is any pendency of any proceedings against any person concerned in the conduct and management of the affairs of the company. The company shall require approval in the following circumstances: discharge or suspension of an employee; or punishment to an employee by dismissal, removal, reduction in rank or otherwise; or change in the terms of employment to the disadvantage of employee; The Tribunal shall notify its objection to the action proposed in writing. In case, the company, other body corporate or person concerned does not receive the approval of the Tribunal within 30 days of making the application, it may proceed to take the action proposed against the employee. In case the company, other body corporate or person concerned is dissatisfied with the objection raised by the Tribunal, it may, within a period of 30 days of the receipt of the notice of the objection, prefer an appeal to the Appellate Tribunal in such manner and on payment of prescribed fees. The decision of the Appellate Tribunal on such appeal shall be final and binding on the Tribunal and on the company, other body corporate or person concerned. In view of the above provision of the Companies Act, 2013: In this case, Mr. Ranjan can prefer an appeal to the Appellate Tribunal within 30 days of receiving letter of objection raised by the Tribunal and with payment of prescribed fee.