My Experience at IIFL Gold Loans
I have been working at IIFL Gold Loans in A.P. for the last 9 years and have achieved many excellence certificates and rewards for my hard work. Suddenly, my senior officials, such as the AM, TM, and BM, have changed, and I am now facing a lot of difficulties in my work. Previously, small queries and audit issues were present, but as long as I was bringing business to the company, they supported me in every audit issue. I used to solve these issues promptly, not taking anything for granted.
However, an auditor recently came to the bank. Despite explaining all the queries clearly and promising to resolve them as soon as possible, he complained about me to higher officials. Based on his inputs, the company sent me showcause notices in January, asking me to explain. I responded via email, and the company cooled off by sending a warning email advising me not to repeat such actions.
Facing New Challenges
Now, as the market is versatile, and I am just falling a step behind in bringing business to the company, the same auditor raised other complaints about me. They issued showcause notices again and asked for my response within 7 days. Before I could present my side, I received an email asking me to come to the main branch in Hyderabad for a DC meeting/explanation. After replying to the showcause notice, I went to Hyderabad to attend the DC meeting. I expected the meeting to be fair, where I could explain my side and apologize for any inconvenience caused. However, without listening to a single word from me, they asked us to leave the meeting and instructed us to check our emails for the meeting's result.
Unexpected Termination
The next day, on April 9th, around 5:45 pm, I received an email from HR citing the showcause notices from January and April, terminating me for violating company policies. At 6:15 pm, another email from HR stated that my resignation was pulled back, asking me to rejoin the office. Before I could understand what was happening, another email at 6:45 pm stated that my resignation was approved with immediate effect, and I could leave the office as soon as possible. My FnF, PF, and gratuity would be settled by contacting local HRs.
In a confused atmosphere, I felt relieved to be free from this work pressure and unfaithful company, so I left the office the same day after informing and handing over all key points to my senior authority. The next morning, I called the local HRs to inquire about the status of my FnF, PF, and gratuity amounts but was shocked to hear that I was terminated from the company, and no relieving letter, gratuity, or PF amount would be entertained for me. I felt shattered and cheated by the company for which I had worked sincerely for more than 9 years.
Seeking Legal Advice
Does the company have the right to terminate an employee who has already submitted her resignation, which is pending approval? Can I approach the Labor/Consumer court?
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I have been working at IIFL Gold Loans in A.P. for the last 9 years and have achieved many excellence certificates and rewards for my hard work. Suddenly, my senior officials, such as the AM, TM, and BM, have changed, and I am now facing a lot of difficulties in my work. Previously, small queries and audit issues were present, but as long as I was bringing business to the company, they supported me in every audit issue. I used to solve these issues promptly, not taking anything for granted.
However, an auditor recently came to the bank. Despite explaining all the queries clearly and promising to resolve them as soon as possible, he complained about me to higher officials. Based on his inputs, the company sent me showcause notices in January, asking me to explain. I responded via email, and the company cooled off by sending a warning email advising me not to repeat such actions.
Facing New Challenges
Now, as the market is versatile, and I am just falling a step behind in bringing business to the company, the same auditor raised other complaints about me. They issued showcause notices again and asked for my response within 7 days. Before I could present my side, I received an email asking me to come to the main branch in Hyderabad for a DC meeting/explanation. After replying to the showcause notice, I went to Hyderabad to attend the DC meeting. I expected the meeting to be fair, where I could explain my side and apologize for any inconvenience caused. However, without listening to a single word from me, they asked us to leave the meeting and instructed us to check our emails for the meeting's result.
Unexpected Termination
The next day, on April 9th, around 5:45 pm, I received an email from HR citing the showcause notices from January and April, terminating me for violating company policies. At 6:15 pm, another email from HR stated that my resignation was pulled back, asking me to rejoin the office. Before I could understand what was happening, another email at 6:45 pm stated that my resignation was approved with immediate effect, and I could leave the office as soon as possible. My FnF, PF, and gratuity would be settled by contacting local HRs.
In a confused atmosphere, I felt relieved to be free from this work pressure and unfaithful company, so I left the office the same day after informing and handing over all key points to my senior authority. The next morning, I called the local HRs to inquire about the status of my FnF, PF, and gratuity amounts but was shocked to hear that I was terminated from the company, and no relieving letter, gratuity, or PF amount would be entertained for me. I felt shattered and cheated by the company for which I had worked sincerely for more than 9 years.
Seeking Legal Advice
Does the company have the right to terminate an employee who has already submitted her resignation, which is pending approval? Can I approach the Labor/Consumer court?
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Dear Friend,
As per your communication, there has been no fair and transparent inquiry conducted by the company. Therefore, you have every right to approach the labor court. Here are some points in your favor:
1. After sending the termination email, why did your HR ask you to rejoin?
2. On what grounds were you terminated? Ask HR to explain the situation via email.
Please let me know if you need any further assistance or clarification.
Thank you.
From India, Mumbai
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429As per your communication, there has been no fair and transparent inquiry conducted by the company. Therefore, you have every right to approach the labor court. Here are some points in your favor:
1. After sending the termination email, why did your HR ask you to rejoin?
2. On what grounds were you terminated? Ask HR to explain the situation via email.
Please let me know if you need any further assistance or clarification.
Thank you.
From India, Mumbai
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PF cannot be denied to you. Gratuity is also protected. Please consult a good lawyer about your termination drama. Preserve all these emails and take the matter legally by sending them a notice. Apparently, from what you said, the termination was not as per laid down norms - fair enquiry, chance to be heard, and put up a defense, etc. Whatever the matter may be, denial of PF is against rules, and so is the case with gratuity.
From India, Pune
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From India, Pune
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Dear Friend,
Greetings!
There is one ambiguity regarding whether you tendered your resignation before or after termination by the company. Do you have a copy of the resignation acceptance and all email printouts related to your termination and resignation correspondence with the company?
If yes, just do one thing - don't lodge a case. Instead, file a simple complaint with the nearest Labor Officer/Commissioner and PF Officer/Commissioner.
Thanks & Regards
From India, Delhi
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Greetings!
There is one ambiguity regarding whether you tendered your resignation before or after termination by the company. Do you have a copy of the resignation acceptance and all email printouts related to your termination and resignation correspondence with the company?
If yes, just do one thing - don't lodge a case. Instead, file a simple complaint with the nearest Labor Officer/Commissioner and PF Officer/Commissioner.
Thanks & Regards
From India, Delhi
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