Refund of security deposit
This query is : Resolved
24 October 2018
A person gave an amount of Rs.25,000/- as security deposit while joining a company. The condition is that it will not be refunded unless he complete 2 years i the company. But same is "not mentioned" anywhere in the offer letter provided by the company.
He wanted to leave the company because he got a better offer. The company is not ready to return the security deposit since he has not served for a period of 2 years
Is there any provision in any law for getting the refund of security deposit.
He wanted to leave the company because he got a better offer. The company is not ready to return the security deposit since he has not served for a period of 2 years
Is there any provision in any law for getting the refund of security deposit.
Rajnish Singh
(Expert)
08 November 2018
if this terms are not agreed on paper only verbal agreement is being made than it is null and void and you are able to get your security. file a complaint with labour court.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Gst credit note by supplier
- Reward for festival
- 18% Rent a cab
- Clarification on GST, TDS, and Accounting Provisions for Import/Export Commission Agents,profes. ser
- Missed uploading GST Invoice
- Movement of goods by packers and movers - type of sale - Reg.
- Clarification on GST, TDS, and Accounting Provisions for Import/Export
- ARCA LOGIN
- Rectification under processing even after 6 months cpc portal
- RCM and same line
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
