if company issues an address proof certificate for an employee. in case of fraud by that employee in Bank loan case, then company will be liable as a guaranteer or Not ??
From India, Ahmadabad
Depends on the terms and conditions on which Loan was given to him..but i dont think Co. ca be held as a guaranteer..in my opinion
From India, Delhi
Dear Shiv
Providing address proof certificate and signing guarantee is two different issues and so Co cannot be called as guarantor if it has given address proof certificate.
But co. should have made resonable enquiry before providing the said ceritficate.
Regards

From India, Vadodara
yes my friend above is correct,
U SHOULD KNOW DIFF BETWEEN GIVING GUARANTEE AND JUST GIVING ADD PROOF CERTIFICATE...
i laugh at these organisations , iwe tell we live here they dont beleive us , but if our tells that we live here , they beleive, but it is we who tell company that we live here ...
he he he he

From India, Pune
Providing Address Proof can never make the employer a guarantor for the loan to be taken. Address proof only states that the employee is working for the organization and resides at the address mentioned as per the records submitted by the employee.
From India, New Delhi
why should a company issue the Address Proof, when employee himself cannot give any proof for his temporary address.
So I feel that the company is not the authorized organization in issuing the address proof. Nevertheless the company can ask for the self attested affidavit about his residence and then issue the address proof from the company.
Please highlight the legal consequences if the company issues the address proof.

From India, Madras
Dear All,
Hi i am working in a consulting & ITES co. I need of staff address proof format, certificate for recognition, Salary revised / salary decrement, do mail me if possible so that I can select the best format acoording to company need.
my email ID:
Thanks&regards
vikash


Its wil be better to mention that "This is as per or document or information provided by employee,We do not conduct thorough check of employe adresses" to be on safer side.
From India, Delhi
lol.. certainly true. by the way you really stay that above address (Dubai Kuruk Sand ) ? :D
From India, Madras
This is what we follow at our company(Certificate for Address Proof). Kindly check with others also.
From India, Madras

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