Hi, Can we deposit an Ex-employee's F&F cheque, or is it mandatory for them to come and collect it?
Also, is it alright to receive the acceptance of the cheque receipt by mail?
Thanks & Regards,
Vrushali
From India, Delhi
Also, is it alright to receive the acceptance of the cheque receipt by mail?
Thanks & Regards,
Vrushali
From India, Delhi
If the F&F does not include any gratuity amount, then you can credit the amount to his bank account after taking his consent. There is no need to get a confirmation mail from him. It is just like crediting his routine salary or expenses. At the same time, gratuity amount should be paid by cheque collecting his signature in form L to avoid future complications. Moreover, it is fine if you do not make a single cheque for unpaid salary, leave encashment and gratuity together.
From India, Kannur
4240From India, Kannur
Dear Vrushali,
Details/statement of full and final settlement
You may obtain signature below the F&F in the following format of Advance Stamped Receipt
Advance Stamped Receipt
Received the sum of Rs.1,12,134/- Rupees One Lac Twelve Thousand One Hundred and Thirty Four only from ABC Company Ltd., Mini Tower, 4th floor, 3rd Lane, Lal Rasta, Kala Bazar – 123456 by cheque no.345678 dated 06.04.2024 drawn on Lena Bank, Adrushya Branch, towards full and final settlement of my account.
In view of above settlement, I hereby confirm that I have no further claims of whatsoever nature against the company, except bonus for the period from 01.04.2023 to 31.03.2024 or (the actual date of leaving)
Place: Signature on Rupee One Revenue stamp
Date: Employee Name:
Regards,
Suresh
From India, Thane
Details/statement of full and final settlement
You may obtain signature below the F&F in the following format of Advance Stamped Receipt
Advance Stamped Receipt
Received the sum of Rs.1,12,134/- Rupees One Lac Twelve Thousand One Hundred and Thirty Four only from ABC Company Ltd., Mini Tower, 4th floor, 3rd Lane, Lal Rasta, Kala Bazar – 123456 by cheque no.345678 dated 06.04.2024 drawn on Lena Bank, Adrushya Branch, towards full and final settlement of my account.
In view of above settlement, I hereby confirm that I have no further claims of whatsoever nature against the company, except bonus for the period from 01.04.2023 to 31.03.2024 or (the actual date of leaving)
Place: Signature on Rupee One Revenue stamp
Date: Employee Name:
Regards,
Suresh
From India, Thane
After computation of the gratuity amount eligible a Notice in Form No.F ( and in Form R if an application for gratuity is made to the Controlling Authority) shall be issued by the Employer to the employee notifying the amount payable and to be disbursed either by cheque or DD/NEFT-RTGS by obtaining the signature of the claimant.
From India, Bangalore
From India, Bangalore
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.
Haryana-Extensi on Of Time Limit To Deposit Labour Welfare Fund In The State Of Haryana (1).pdf