Loan recovery - Employee has resigned without intimation and recovery for loan is pending

monali-adhav
Employee has resigned without intimation and recovery for loan is pending. How can we recover the amount?
ravi5554
Dear Friend,
How much is the loan amount & how many years have he been working with you ?
ashu aggrwal
Hi,
If employee is confirmed .he were on leave since long time. Were they taken prior approval from their immediate boss or HR in written?
If none, then you can issue absconding notice to them and advice him to report on job immediately. If he does not do so, you can take legal action with documentary proof of outstanding / debit balance.
Thanks &Regards
Ashu Agarwal
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