Legal Question in Banking Law in India

i got the legal demand notice behalf the icici bank ltd for i was done manipal retail banking 1 month training. this training cost is rs. 30000. after this course they gave me job as a sales officer in icici bank branch. the bank take my +2 original marksheet and certificate before the training. after one month training they gave 2 month onjob trianing. at this onjob trianing time they did not deduct my salary. the bank say after 2 month they will deduct rs 1000 every month in my salary for training cost. but after 2 month i left the job. and not pay the training cost. after 1 year they give me demand legal notice for pay training cost with interest is rs. 44000 in 15 day. after this notice 1 year left but i dont pay this training cost because of financial problem. when i earm good money then i will pay this training cost. but at that time i have no money. then what is the legal action can do the bank? i want to pay this amount after 1 year without intrest any way? i had give my sertificate aand today i dont need it, iand i dot pay any amout. please sujest me. what can i do


Asked on 1/05/16, 3:12 am

2 Answers from Attorneys

J. Radhakrishnan independent Practice

If u don't need your original certificate and mark sheet u simply ignore the legal notice. The bank may file a suit against you for the amount. U defend the same thru lawyer as a void contract in restraint of trade. U can also rise an industrial dispute before the Labour court in Manipal for recovery of your certicates by claiming that the bank is guilty of unfair Labour practice.

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Answered on 1/05/16, 3:27 am
Fca Prashant Chavan Expert Edge LLP

05.01.2016

Repeat query. Already answered earlier. Any further advice or guidance will be rendered only on prepayment.

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Answered on 1/05/16, 6:30 am


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