Thank you, Avinash and Gilli, for the good explanations.
However, other than the appointment letter, which is a legally binding contract, to what extent are the other two forms of letters legally binding? What if an offer is made, accepted, and then retracted by either one of the parties? How legally binding is a letter of intent?
Regards,
Rosettee
From India, Mumbai
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10However, other than the appointment letter, which is a legally binding contract, to what extent are the other two forms of letters legally binding? What if an offer is made, accepted, and then retracted by either one of the parties? How legally binding is a letter of intent?
Regards,
Rosettee
From India, Mumbai
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Sir,
I did not take a copy for myself of the letter of intent when I signed it. Is it okay, or is there any problem? I am in the 7th semester, and I have been placed in an IT company. Is it important to take a copy for yourself for future reference? Is it okay or not?
From India, Chandigarh
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I did not take a copy for myself of the letter of intent when I signed it. Is it okay, or is there any problem? I am in the 7th semester, and I have been placed in an IT company. Is it important to take a copy for yourself for future reference? Is it okay or not?
From India, Chandigarh
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Hello respected seniors,
Can anybody tell me if, after receiving the offer letter, employer (X) wants a signed copy as proof of receipt from employee (Y)? At this moment, can employer (X) legally bind with employee (Y)?
Please reply.
Regards,
Machhindra
From India, Mumbai
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Can anybody tell me if, after receiving the offer letter, employer (X) wants a signed copy as proof of receipt from employee (Y)? At this moment, can employer (X) legally bind with employee (Y)?
Please reply.
Regards,
Machhindra
From India, Mumbai
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LOI stands for Letter of Intent, which represents a mutual willingness on the part of both parties (the employer and the employee) to enter into a contract.
Following the mutual understanding between the employer and the employee, the company offers the job and also issues a job offer letter. The job offer letter is then delivered to the selected candidate, and upon acceptance by the candidate, the HR department issues the appointment letter.
From Pakistan, Lahore
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Following the mutual understanding between the employer and the employee, the company offers the job and also issues a job offer letter. The job offer letter is then delivered to the selected candidate, and upon acceptance by the candidate, the HR department issues the appointment letter.
From Pakistan, Lahore
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A letter of intent is similar to a cover letter, as it is provided by the candidate to the company and it defines the experience and qualifications of the candidate.
An offer letter is given to the people who have cleared all the selection rounds and finally selected for that particular job. It contains their designation, salary structure, rules, and regulations of the organization, etc.
An appointment letter is proof of appointment that a person is accepting the offer and ready to work for the company and agrees with the terms and conditions of the company.
From India, Bengaluru
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An offer letter is given to the people who have cleared all the selection rounds and finally selected for that particular job. It contains their designation, salary structure, rules, and regulations of the organization, etc.
An appointment letter is proof of appointment that a person is accepting the offer and ready to work for the company and agrees with the terms and conditions of the company.
From India, Bengaluru
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