You can't ask for compensation based on what your friend had told you about the bankruptcy of your soon-to-be company. Even if you do ask for it, they could not give you anything because;-

1) You heard from a friend about it and not from them (the company)
2) Bankcruptcy means there are no funds anymore in that company. The only thing they could compensate is their furnitures, or computers.

Unless they personally tell you that they are closing down (a.k.a. going bankrupt), that's a different story.

I don't know anything about your contract but I think there's a clause stating that they could terminate your employment within 24 hours with valid reason(s). So, they might use that on you. Correct me if I'm wrong.

Yeah. That's the one. They might exercise that code on you. So becareful.

They will pay 2 weeks worth of salary if they decided to terminate your contract immediately.
OR
You work for 2 weeks upon receiving the contract termination letter.

This same goes to confirmation (or permanent) period. So, it's up to them to pay you or make you work for them for 2 weeks. I think they will go for latter.

This post has been edited by goliath: Oct 18 2006, 02:37 PM

No. You did not resign for nothing. You resigned because you believed that your new job makes a difference in your working life. Somehow, bad luck struck upon you and leave you unemployed.

Or maybe it is blessing in disguise. Maybe there're invisible flying daggers around you waiting to stab in your back at your previous job

Anyway, go ahead. use it if you think it helps. Make sure you belanja me when or if you manage to get your compensation.

This post has been edited by goliath: Oct 18 2006, 04:35 PM

No problem.

I favour murtabak kambing more