Advcances to employees

SRINIVAS THATIKONDA (Querist) 20 October 2011 This query is : Resolved
Dear All

In my Company ( Private Limited), Advances are issuing to its employees to meet their needs and the amounts will be deducted in three to six equal installments. Can I have the written format i.e. undertaking documents with revenue stamp etc.

Further, is there any legal problems are there to file FIR using that undertaking

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M.Sheik Mohammed Ali (Expert) 20 October 2011
the company must keep voucher you just made sign with revenue stamp thats enough.

Shonee Kapoor (Expert) 20 October 2011
And its a civil liability and not a criminal one.

Regards,

Shonee Kapoor
harassed.by.498a@gmail.com

Raj Kumar Makkad (Expert) 20 October 2011
No criminal matter is involved herein.

prabhakar singh (Expert) 21 October 2011
Relationship created due to advances made by the company to its employees does not attract
any criminal liability.

Sailesh Kumar Shah (Expert) 21 October 2011
There is no question of FIR!!!!!!

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