PROVIDENT FUND FINAL SETTLEMENT

srinivasan J (Querist) 12 August 2017 This query is : Resolved
I was terminated from NYC on 22 11 2016. I asked ntpc for final settlement of salaries and wages . PROVIDENT FUND.gratuity etc.
Ntpc hr sent me application for final settlement of PROVIDENT fund and I duly filled up all details. Under declaration colour I was requested to provide bank details. Ifsc code.number.branch name for direct deposit into my savings account. I provided all details.

Ntpc HR FORWARDED MY APPLICATION TO NTPC FINANCE AND FINANCE PROCESSED MY APPLICATION IN SAP AND SENT TO NTPC PF TRUST. MY APPLICATION GOT PROCESSED AT PF TRUST ON 27TH JULY 2017 AND I HAVE RECEIVED AN EMAIL ON 29TH JULY FROM NTPC HR THAT MY PF MONEY CHEQUE IS WITH HR DEPARTMENT AND CAN COME TO SIMHADRI AND COLLECT IMMEDIATELY. SIMHADRI IS IN ANDHRA PRADESH. I WROTE NTPC HR SIMHADRI THAT DUE TO PRECOMMITMENT WITH WIFES MEDICAL EXAMINATION I COULD BE ABLE TO COME IN PERSON TO COLLECT MY PF MONEY CHEQUE AT ANDHRA. AND. SINCE I HAVE DECLARED MY BANK DETAILS IN THE FINAL SETTLEMENT APPLICATION FORM. I REQUESTED NTPC HR SIMHADRI TO DO DIRECT DEPOSIT. TILL TIDAY 11TH AUGUST. NEITHER I RECEIVED ANY INFORMATION FROM BANK FOR CREDIT OF MY PF MONEY NOR ANY REPLY FROM NTPC HR SIMHADRI.

WHAT SHOULD BE DONE TO GET MY PF MONEY CHEQUE. WHETHER TO APPROACH HIGH COURT OR LABOUR COURT.

ON 29TH JULY NTPC HR ISSUED ME TO SETTLE LIABILITIES OWNED BY ME TO NTPC WHICH INCLUDES EMBEZZLED AMOUNT OF 13.5 LAKHS AT THE EARLIEST. I HAVE WRITTEN TO THEM SINCE THE EMBEZZLED AMOUNT FIGURES ARE SUBJUDICED IN CRIMINAL CASE AND THE FINAL VERDICT IS AWAITED FROM COURT. I ASKED NTPC HR TO RELEASE MY PF CHEQUE AMOUNT.

NTPC HR HAS NOT GIVEN OR ISSUED ANY LETTER THAT THEY WILL RELEASE MY PF MONEY AFTER SETTLEMENT OF EMBEZZLED AMOUNT.

WHAT ARE THE LEGAL OBLIGATIONS. WILL I GET MY PF MONEY ND WILL I GET INTEREST FOR DELAYED DEPOSIT PERIOD. IF SO WHAT SHOULD I DO. PLEASE ADVICE.. SRINIVASAN J

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srinivasan J (Querist) 12 August 2017
Errors in spelling may please be excused. Valuable advice to get my pf money may please be posted please

srinivasan J (Querist) 12 August 2017
Yesterday ntpc hr sent me APPLICATION for release of gratuity ND still to inform me my payable amounts under head salaries wages. I am in need of my pf money. Please help

P. Venu (Expert) 12 August 2017
The postings lack clarity.

Kumar Doab (Expert) 12 August 2017
You have saved yourself the trouble and expenses of travelling to Simhadri, by not travelling to Simhadri.

You were called to most likely pass a verbal message after end of day.

Kumar Doab (Expert) 12 August 2017
Do you have a copy of PF rules of the Establishment?
If yes, go thru the rules and post the rules.

Kumar Doab (Expert) 12 August 2017
Submit under proper acknowledgment the application supplied to you for release of payment of gratuity.

It may most likely meet the same fate as that of PF.

Kumar Doab (Expert) 12 August 2017
Do you have Gratuity Rules of the establishment?
If yes post the same.

Rajendra K Goyal (Expert) 12 August 2017
Send registered AD letter to the HR for sending you the cheque and gratuity.

If no action may lodge complaint to PF Commissioner.

Guest (Expert) 12 August 2017
Can you please give some brief information about sub-judiced criminal case to which the NTPC claim of 13.5 lakhs becomes due?

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