Hi, Can we deposit an Ex-employee's F&F cheque, or is it mandatory for them to come and collect it?
Also, is it alright to receive the acceptance of the cheque receipt by mail?
Thanks & Regards,
Vrushali
From India, Delhi
Also, is it alright to receive the acceptance of the cheque receipt by mail?
Thanks & Regards,
Vrushali
From India, Delhi
If the F&F does not include any gratuity amount, then you can credit the amount to his bank account after taking his consent. There is no need to get a confirmation mail from him. It is just like crediting his routine salary or expenses. At the same time, gratuity amount should be paid by cheque collecting his signature in form L to avoid future complications. Moreover, it is fine if you do not make a single cheque for unpaid salary, leave encashment and gratuity together.
From India, Kannur
4193From India, Kannur
Dear Vrushali,
Details/statement of full and final settlement
You may obtain signature below the F&F in the following format of Advance Stamped Receipt
Advance Stamped Receipt
Received the sum of Rs.1,12,134/- Rupees One Lac Twelve Thousand One Hundred and Thirty Four only from ABC Company Ltd., Mini Tower, 4th floor, 3rd Lane, Lal Rasta, Kala Bazar – 123456 by cheque no.345678 dated 06.04.2024 drawn on Lena Bank, Adrushya Branch, towards full and final settlement of my account.
In view of above settlement, I hereby confirm that I have no further claims of whatsoever nature against the company, except bonus for the period from 01.04.2023 to 31.03.2024 or (the actual date of leaving)
Place: Signature on Rupee One Revenue stamp
Date: Employee Name:
Regards,
Suresh
From India, Thane
Details/statement of full and final settlement
You may obtain signature below the F&F in the following format of Advance Stamped Receipt
Advance Stamped Receipt
Received the sum of Rs.1,12,134/- Rupees One Lac Twelve Thousand One Hundred and Thirty Four only from ABC Company Ltd., Mini Tower, 4th floor, 3rd Lane, Lal Rasta, Kala Bazar – 123456 by cheque no.345678 dated 06.04.2024 drawn on Lena Bank, Adrushya Branch, towards full and final settlement of my account.
In view of above settlement, I hereby confirm that I have no further claims of whatsoever nature against the company, except bonus for the period from 01.04.2023 to 31.03.2024 or (the actual date of leaving)
Place: Signature on Rupee One Revenue stamp
Date: Employee Name:
Regards,
Suresh
From India, Thane
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Haryana-Extensi on Of Time Limit To Deposit Labour Welfare Fund In The State Of Haryana (1).pdf