Legal Question in Banking Law in India
Sir/madam
I have resigned mfi job by giving 20days notice period but the notice period was one month ,they refuse to refund my cash security deposit for the job ,what shall i do
Asked on 2/03/17, 10:34 am
1 Answer from Attorneys
Fca Prashant Chavan
Expert Edge LLP
04.02.2017
Dear Sir / Madam,
It all depends on the terms and condition regarding refund of security deposit as specified in your Offer / Appointment Letter. Since you have not served the notice period of one month falling short by 20 days, the Company remains entitled to recover and deduct your salary (basic pay only) for the period of 10 days notice period not served by you, from your net full and final settlement including refund of the Cash Security Deposit in the Company.
Regards,
Answered on 2/04/17, 10:35 am
Related Questions & Answers
-
Is the bank manager have the authority to deduct certain amount from any of the... Asked 2/02/17, 11:00 pm in India Banking Law
-
By mistake i have given friend's HDFC check with my signature , i didn't notice the... Asked 2/01/17, 3:45 am in India Banking Law
-
Hi,i take a vehicle loan 19 lack 95 thousand through indusind bank...and my contract... Asked 1/30/17, 10:14 am in India Banking Law
-
I had given cheque to my friend and paid the amount through another account by... Asked 1/30/17, 8:09 am in India Banking Law
-
Is there any limit on the amount I can pay to third party by means of bearer cheque? Asked 1/29/17, 4:38 am in India Banking Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
