Thread Started by #Anonymous

I was employed with a company as purchase manager.
However, on getting a better offer I had to leave the company in week, instead of the committed 2 months’ notice period. I lieu of that I had paid for the rest of the notice period.
I have the following documents:
1. Accepted resignation Letter
2. No Dues form signed by all the mentioned departments
3. Receipt for payment of notice period
4. Form 16
5. Bank statement
Now on demanding for the resignation, my company took some lower quotes from the market regarding the purchases I did, and is not releasing my relieving letter. Instead I’m being threatened to pay the difference of about 7 lakhs if I want my relieving letter.
My new company is demanding for the resignation letter daily.
HR is not a very strong group in that organisation, so can't take much help from them too.
Is there anything I can do regarding that?
6th August 2014 From India, Mumbai
I have some specific questions:
1. Does buying out the notice period relieve me or even reduce my responsibility of Knowledge Transfer
2. The cases which they have brought up are nothing more than negligence. Because a purchase decision in a organisation is a collective decision, and i was anyway not the signing authority, but i had countersigned the POs. Am I right in thinking that?
3. Can my new company fire me if i'm not able to produce the relieving letter? I have only presented the above said documents proving my joining date, last working day & my salary.
4. If my new company does a physical verification, I'm afraid that they will come to know about the issue. Will I be given a chance to explain my part?
10th August 2014 From India, Mumbai
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