Can My Former Employer Still Take Legal Action After Settling My Dues?

Hi Team, Last month, I used the client's amount and did not deposit it in the bank on time for the company. They terminated me on 20th June. After a lawyer was appointed, we agreed to pay the amount, but the company has not replied to the lawyer or to me. I contacted the ZSM regarding clearing the used amount. He mentioned that the finance team would get in touch, but we have not received any calls. After two weeks, I received the FNF and service certificate from the company.

Legal Action Inquiry

My question is, following the above incident, does the company have the right to take legal action against the employee, or is the issue resolved now?

Legal action against a former employee

Legal action can be taken against a former employee if the amount misappropriated was refunded. You have not mentioned whether you refunded it because you said you have asked the company if you could pay it, but there is no mention of what happened then. The magnitude of the charge could be reduced.

Dear Gopal,

You have confirmed that your services were terminated for misconduct (utilizing company money for personal use). Furthermore, your accounts have been settled, and you have been relieved from the services of the company. You have also received a service certificate. Your company can initiate appropriate action against you for any misconduct involving you during your tenure. You have to tell us whether you indulged in any misconduct warranting disciplinary action.

Legal action against the former employee can be taken to prosecute and recover the misappropriated money with necessary proof.