Dear Friends,
I joined a company as a GM in Sept 2012 and had an employment agreement with the MD. According to that approx 30% of my monthly gross amounting to Rs. 37,500/- is taken as reinvestment in the company stock. There was one condition for this that the particular branch has to book a sales revenue of Rs. 12 crores in the FY 2011-12. This has been achieved. Till date for approx 14 months and about Rs. 4.5 lacs is accumulated. I have now resigned the organisation and am getting relieved later this week.
Please guide me what my rights of the above claims are? How much time can be given to settle the above if I have to get the money back? If I calim back the money instead of shares, then can I get back the entire amount?
Thanks
