How to recovery due amount from previous employer company

Question

How to recovery due amount from previous employer company

16-Feb-2023 (In Corporate Law)

Company has been allotting ESOP amount of 60k /year starting 2014 without any documentation or share certificate.Now i have resigned and asking company to payback the amount which was part of CTC as mentioned in the offer letter. Labour court denied handling this and asking to settle down separately. Company is not listed. Can i go to Civil court, can i complaint to ROC bangalore about this fraud since there is no procedures for ESOP.

Answers (1)

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Advocate Abheek Saha LawRato · Accepted Answer · 2017-02-23T21:45:01+05:30

Answer #1

Contact a good lawyer near to you with all the papers and your offer letter. The terms of allotment of ESOP needs to be looked into. Believe you have exercised your right as per the allotment terms.

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Adv. Abheek Saha Adv. Abheek Saha

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