I think, the moot point here is the clear Relieving Letter, whether crucial or not. Once he doesn't mind, then he as well , if they agree, can join and deal the demand if and when arises according to his will. It's well known, they may agree or may not agree for the 50k in cash, it's not his option to exercise. Secondly, in the event taken to court, cost & time will tell what to do, irrespective of the end result, based on past cases settled mostly in favour of the impugned (employee side). RTI won't work (You can get information pertaining to private entity [private schools, colleges, coop societies/banks, private sector banks and insurance companies, public/private trusts, private service providers, public limited companies etc under section 2 [ f ] of RTI Act. While Seeking Out Information From Private Organizations: The Right to Information Act is applicable only in case you wish to seek information relating to the government. RTI does not apply in case of private bodies such as Amazon, Flipkart, Vodafone and so on).
There are also other views reg.RTI- pl.go thru' this linkhttps://vakilsearch.com/advice/rti-for-private-companies-get-information-from-private-bodies/