Ex-Employee Refuses to Repay Loan: How Should I Handle This Legal Issue?

Jayashree Salian
Hi,

I am working in an engineering company as HR. One of our staff has taken a loan from the company for some personal reasons, but the amount is still pending for repayment, and he left the job without notice. Now, he is refusing to pay the outstanding amount. Please send me a format of a legal notice that I can send to him.

Thanks.
Jayashree Salian
Hi,

I am working in an engineering company as HR. One of our staff has taken a loan from the company for some personal reason. However, the amount is still pending to repay, and he left the job without notice. Now, he is refusing to pay the outstanding amount. Please send me a format of a legal notice that I can send to him.
saravanan396
Regarding your email below, I don't want to send a legal notice. You can claim the amount from his/her final settlement in EPF and Gratuity.

Regards,
Saravanan S
rajanassociates
I have corrected the spelling and grammar errors in the text and ensured proper paragraph formatting. The original meaning and tone of the message have been preserved.
If you are knowledgeable about any fact, resource or experience related to this topic - please add your views. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone. Join To Contribute