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Good morning seniors,

One of our employees has signed a 2-year bond, but now he has submitted his resignation. Management has instructed me to draft a letter accepting his resignation while also requesting him to reimburse all expenses the company has incurred on his behalf.

Please provide the letter format for sending to him.

Thank you.
Aruna

From India, Visakhapatnam
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Dear Aruna,

If an employee has signed the bond and later resigns from the company, that employee has to pay the liquidated damages to the company. Liquidated damages are the amount mentioned in the service bond.

From India, Mumbai
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Dear Aruna,

The bond is the most disputed aspect of the contract of employment. Before expressing any opinion, I wish to go through the terms and conditions of the bond. Please attach the bond copy. The Supreme Court and other High Courts have, on many occasions, given decisions against companies that attempted to enforce bonds from employees. We need to study the case.

From India, Mumbai
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Thank you, Manish and Ankit.

Yesterday, we discovered that he is a fraud who mischeated customers by using the office stamp. We have filed a complaint and placed a newspaper advertisement. However, I would like to inquire about whether the company is obligated to compensate for the loss when customers ask for their money back.

I have some doubts about this case and would appreciate your input and suggestions.

Thank you,
Aruna

From India, Visakhapatnam
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Dear Aruna,

I may suggest, based on your input, as follows - First of all, you have to examine all documents to form your conclusions, prepare documentary evidence of frauds carried out by him. Institute a domestic inquiry, obtain the orders of the inquiry, file a charge sheet, file an FIR with the police under IPC, etc.

In addition to the above, send letters individually to all your customers that he is no more with your company and they should not deal with him anymore. In his place, someone is engaged to handle the matters with them. For your company's safety, caution all your customers not to hand over any cash, and all payments should be by crossed cheques. Examine the documents of your customers and arrive at conclusions, put up the conclusions to your management for a decision.

Kumar, Bg.

From India, Bangalore
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