In an unlisted Public Ltd Company, employee is found creating bogus bills and not accounting the money into company's accounts. Collecting GST and not paying to Government.
Can MD suspend that employee instantly on revealing the misconduct and misaapropriation.?
Whether breach of trust, cheating, forgery and misappropriation are relevant here..?
In a Kerala scenario.
Yes the management found misconduct by the employee then it can suspend the employee.
Based on the inquiry with evidence of record the management can initiate further action
