Partner - Risk Management
Senior Officer - Hr

Cite.Co is a repository of information and resources created by industry seniors and experts sharing their real world insights. Join Network
Hello everyone!
I need an advice on my situation.
I left my previous company and they informed that they will give me the full and final settlement within one month after the last working day.
In the meantime some issue with a client's documents (important ones) going missing came up. Though I was handling the case 4 months back, and I remember that it was not an open case from my end, the company is now saying that they will not release my final settlement till the document has been found.
While I am trying to help them to figure out where the document can be, I am wondering if a company can delay the settlement or can deduct from my salary on this basis?
Please advice.
Many Thanks!

From India, Bangalore
To add to my previous note, they have given me the scan copy of the relieving cum experience letter via mail.
From India, Bangalore
They cannot held your full and final settlement for more than a month. Talk to them and resolve it amicably. Tell them that you are willing to support them anytime. will try to come on saturday and sunday to complete the pending works if any. Promise them and get the settlement.
If they have not settled your account and if your pay is less than 18k/month, you can raise a dispute with labor officer / Deputy commissioner of labors under payment of wages act.

From India, Chennai
Hi Divakar, thanks for your response. The issue they have raised is a old one and as far I can remember I had done my part of the job.
However I have told them that I will help. Let's see.
Thanks again.

From India, Bangalore
Not only can the company hold back your payment, they can in fact take legal action, both criminal and civil against you if they have evidence that it was your responsibility. If the documents are important trade secrets, they can even raise allegations against you for having misappropriated them
So you need to be very careful.
If you have any proof that the documents were in fact handed over, you must give that information to the company.

From India, Mumbai
This discussion thread is closed. If you want to continue this discussion or have a follow up question, please post it on the network.
Add the url of this thread if you want to cite this discussion.

About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2020 Cite.Co™