If the cheque is presented and later on bounced, will you be able to recover the sum? You cannot proceed against the employee (drawer of the cheque) u/s 138 of the Negotiable Instruments Act because a holder of a negotiable instrument(cheque) is expected to get it after "a lawful consideration" so as to be called a holder in due course. What consideration would you show as given by the employer in return for the cheque received? Nothing.
8th December 2008 From India, Kannur
30th October 2009 From United States, Peoria
The company projects it and names it as "On the job training" but i certainly work here. and have been working in US for 1.5 years. The company pays for room rent, fuel , and rental car . basically the company takes care of my stay here but no salary in US dollars.
So no specific training that directly costs $ 5000 USD .
If i quit , what are my chances of getting away without paying such huge amt ?
appreciate your help .
P.S: Sorry for hijacking mitali95 thread.....but i hope this infor helps you as well.
3rd November 2009 From United States, Peoria
4th November 2009 From India, Kannur
my case is slightly different my employer has contract with me
and having cheque too but I have not resigned my job
I am having severe medical problem that I cant continue job for some
time so I just wanted to apply medical leave...
and the HR dept is threatening me...
what should I do for same....
Thanks in advance
14th March 2015 From India, Delhi