Full & Final settlement refused! - pls advice
Raja
(Querist) 25 November 2008
This query is : Resolved
I quit my Indian company of 22 months and have joined a new one out of India.
I had given my full notice period and have received my relieving letter too.
Now, I have the following due from the company:
1. Reimbursements --- partly paid
2. Salary upto last day --- partly paid
3. Bonus --- refusal to pay
4. Paid leave encashments --- refusal to pay
For 1&2 - The company does not respond when it is going to pay the remaining.
For 3&4 - Company policies are cited for not paying the same. The bonus and PLE were due in April'08 but till the time I resigned in Sep'08 the company delayed payments under vague reasons and now they say that to claim the same, you have to be an employee when it becomes due for payment! I have all documents where the payment schedule for bonus and PLE are clearly stated.
After repeated followups and escalations to the MD, I have received part payments for 1&2 but that is less than 40% of what they owe me.
Before filing a court case, can I put pressure on the company in any way? By informing concerned authorities etc?
Murali Krishna
(Expert) 25 November 2008
Resignation normally disentitles certain benefits like Bonus and Leave encashment etc. Therefore, one has to see the finer points in the service contract and other terms relating to the contract.
