Legal Question in Business Law in India

How do i Proceed

I joined a company by rolls as Managing Director,

1.I have given my resignation in the month of December and till date I�m waiting for the approval and the relieving me from my services.

2.I asked for the next reporting to whom I have to handover my charges and till date I don�t have any update on that.

3.I don�t have any update when my bills are going to get settled as I have submitted all the expenses report to the finance department.

4.As In between on my chairmans word I used my personal amount of 4lakhs for the official purpose for few urgent vendor payments which I made on your instructions.

5.I clearly submitted the expenses sheet with the complete vouchers to the Finance department.

6. Apart from this I need to get the salary for the months of September, October, November, and December which comes to 2lakhs.

But i came to know that the employees of company are misusing my name as I�m Absconding and ran away with company funds.

a. I was a Managing Director on Rolls and I was not a Managing Director by Investment.

b.I was not the signing authority for cheques or any of the Company accounts.

c.We are routing any payment through the finance department only

This is very badly affecting my career.plz advice


Asked on 4/18/09, 9:58 am

6 Answers from Attorneys
Fahri Toga TOGA//OKSUZ

Re: How do i Proceed

We think that we can help you to solve your affairs forthwith, please send us your documents or write an detailed e-mail in order to notify the circumstance. We checked over the documents thereafter, we will return your added phone number,e-mail or address,as soon as.

Contact ;

Address : WORLD TRADE CENTER,B1 BLOCK,15th FLOOR, YEŞİLK�Y/İSTANBUL,TURKEY

Phone : +90 212 465 65 42

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e-mail : [email protected]

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Answered on 4/21/09, 8:50 am
Yanala LaknaReddy Law towers

Re: How do i Proceed

1.Your settlement of accounts shall be done in accordance with the terms and conditions of your appointment and acceptance of resignation.

2.Get an accptance letter from the board or Chairman.

3. Write a letter to the Chairman with regard to your bills.

4.Consult an Advocate with relevant material for issuance of legal notice or for filing a Suit.

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Answered on 4/19/09, 1:20 pm
Aniruddha Pawse Aniruddha.P.Pawse Advocates

Re: How do i Proceed

contact a local lawyer

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Answered on 4/23/09, 2:22 am
Pranav Desai PD Legal & Associates

Re: How do i Proceed

First of all you should insist your employer to complete the formalities of F&F. If they still do not hear your request then I believe you should hand over a written letter to the chairman with an acknowledgement obtained. Also, obtain the communication of payment of Rs. 4 lakhs to the vendors. This would strenghten your case.

With all these details visit a local lawyer.

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Answered on 4/21/09, 1:07 am
Sudershan Goel India Law Offices of Sudershan Goel - Advocate

Re: How do i Proceed

You may want to engage a local counsel for recovery of your dues by filing a civil suit.

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Answered on 4/18/09, 6:07 pm
Sudershan Goel India Law Offices of Sudershan Goel - Advocate

Re: How do i Proceed

You may want to engage a local counsel for recovery of your dues by filing a civil suit.

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Answered on 4/18/09, 6:07 pm


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