Register Of Loan And Recovery Form C

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Hi, sir,Thank you for your valuable reply. I want to know about Form C under the Bonus Act. Here are my queries:1\. What days will be mentioned in the number of working days in the year?2\. What days will be mentioned in the number of working days in the year (C...

Bonus Register Form C: In Register Form C, enter only bonus or bonus or ex-gratia both (when a single bank transfer letter is made). Please advise.

Bonus Register Form C: In Register Form C, Enter Only Bonus?(12/May/2022)

**Bonus Register Form C: Clarification on Entering Bonus or Ex-Gratia**In the context of Register Form C for bonus payments in New Delhi, India, it's essential to ensure accurate documentation and compliance with relevant labor laws and regulations. When prepari...

Thanks, Arun.Coming to your question, no, we did not specify the 50% limit but just mentioned that recoveries we make based on the final order, if any, "will be, irrespective of the final order, limited by the max deductions permissible under wage and labor laws...

Garnishee Order for recovery of monies from salary of defaulting employee; Loan Recovery; Personal Loan(3/Jun/2022)

Dear Mr. Saswata,Thank you for your appreciation. I do try to give feedback before I close a thread that I initiated. It is for everyone's learning after all, and it's a never-ending process.Coming to your question, no, we did not specify the 50% limit but just ...

Garnishee Order for recovery of monies from salary of defaulting employee; Loan Recovery; Personal Loan(3/Jun/2022)

Dear Mr. Saswata,Thank you for your reply. I thought it would be better to post my reply/comment after we have taken some action and hence the delay in posting a follow-up.As suggested by you, we did consult our lawyers, and the advice they gave is summarized be...

Garnishee Order for recovery of monies from salary of defaulting employee; Loan Recovery; Personal Loan(3/Jun/2022)

There are some inconsistencies. I suggest you speak to your company's lawyers before deciding your course of action.1\. An arbitrator has no authority to involve your company in any order it gives when you are not a party to it. The arbitrator does not have auth...

Garnishee Order for recovery of monies from salary of defaulting employee; Loan Recovery; Personal Loan(3/Jun/2022)

We have received the Interim Order issued by the Sole Arbitrator in a case pertaining to default on a PERSONAL Loan Case of one of our employees (respondent). The Company has been made a Garnishee in the said order.The contents of the Interim Order are summarize...

Garnishee Order for recovery of monies from salary of defaulting employee; Loan Recovery; Personal Loan(3/Jun/2022)

Dear Mr. Saswata,Thank you once again for the clarification regarding service billing. And we don't want GST AARs to read this :-).

Garnishee Order for recovery of monies from salary of defaulting employee; Loan Recovery; Personal Loan(3/Jun/2022)

Hi Arun,Thanks for the update. It's good when someone gives us feedback as it provides us with more opportunities to learn.In your response, did you clarify that deductions cannot exceed 50% of the gross salary, including PF, ESIC, etc.?Your lawyer's recommendat...

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