Posted in: darrelrussell.com edit
07 Jan 2009
This is an Indian company, my friend left his job without serving the notice period of 2 months as per appointment letter. A loan of Rs.15000/- have also outstanding on him. Can the company sue him through by court notice? What maximum the company can do & under which Act? What is power of a legal notice in this case? Please guide us what will be the better way to settle this issue?Every company will be happy to retire people. Every manager will be more than happy that the successor is leaving. After one leaves, the place will be filled by a person with half the salary. The company is benefited.
This procedure continues until the company reaches a stage where the whole left overs from the industry accumulate.not likely they would end up loosing more money http://jnwillard.surveysc.hop.clickbank....the company will recover the loan against salary due. if not recoverable, then it will issue a legal notice to your friend. before that contact the company and settle the issue amicably. if the company goes to court, they are going to win the case and in that situation, company can claim extra money for damages and legal expenses incurred by them. please avoid that. also the future references would be problem for him the new employers speak to old employers before giving job to anyone. if that company tells the new company about your friend running away with dues, the new company will not give employement to him.As far the loan amount is concerned that he has to pay back. As far the notice period of two months is concerned the company may take legal action if he fails to even pay back the loan taken by him from this company,in that case he may have to pay the notice period amount to the company along with this loan amount. If he pays the Rs15000/- the loan amount now,the company may not go to court for the notice period amount recovery. This the practical advice I'm giving you.