Himanshu Maradiya, founder and chairman, CIFDAQ India, and Sanjay Saxena, co-founder and CEO, CIFDAQ India and SouthEast Asia; image credit: company.
Synopsis
Some employees allege forced resignations, threats, and non-payment of salaries, and have sent legal notices to the employer. While the company admits that there have been some delays in salary payments due to challenges of being a startup, it denies other charges as unfounded.
On January 30, Rahul Singh, a software engineer, sent a legal notice to Sigmond Morgan IT Solutions Pvt Ltd naming founder Himanshu Maradiya, and five others, including two co-founders and senior executives for non-payment of salaries for two and a half months since November 2023. Singh was employed by Sigmond Morgan, founded by Himanshu Maradiya, his wife Sheetal, and son Rahul. Sigmond Morgan and CIFDAQ have the same founders, and the company
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