Misapproporation of money
Muthu
(Querist) 18 January 2018
This query is : Resolved
Hi, In my company, Employees needs to visit the outlets/Retailers, have to take purchase order and need to collect the cash. every day 1 employee will visit 20 outlets and will collect more-than a lakh rupees.
Some Employees would ran away with collection money Approx 50,000 to 2,00,000 Rupees.and will abscond, suggest me for some Preventive measures, or how to handle these cases., which will help to file FIR against employees.
if i take a Promissory note from them, will it be helpful to file a case. because employees also will have the fear that they signed promissory.,
Kindly advise me on this.
Isaac Gabriel
(Expert) 19 January 2018
This is not legal query. To curb, fix the limit to each employee so that can be proceeded by resort to criminal action.
Guest
(Expert) 19 January 2018
Prescribing deposit of adequate security deposit or taking bank guarantee can be the option for you.
You could better have consulted in person with some expert with complete details about the nature of business, staffing pattern, existing cash handling system, and the business requirements along with the present arrangements being taken care of.
In fact, any casual solution based on your casually taken query cannot provide you adequate practical solution.
Dr J C Vashista
(Expert) 21 January 2018
Commercial query should be consulted with a local prudent lawyer.
Guest
(Expert) 21 January 2018
Your misery in consultation fee for not consulting with some right type of expert with complete details may result in much more loss through misappropriations, frauds and embezzlement.
