knowledge seeker
1779 Points
Joined August 2008
Dear manmohan
As far as my knowledge is concern as per gratuity act 1972, the gratuity of an employee, whose services have been terminated for any act, willful omission or negligence causing any damage or loss to, or destruction of, property belonging to the employer, shall be forfeited to the extent of the damage or loss so caused.
However Misappropriation falls under this condition or not is still doubtfull.
if it is, then employer can forfiet the amount of gratuity to the extent of lose cause to him.
Pls check and revert
Regards
Madhusudan Kabra