Dear All,
In 2015, I was selected by an airline to work for them. Total cost of training was supposedly Rs 37 lakhs. It was discussed with the director of the company that I'll pay 10 lakhs as the first installment. Second installment will be 20 lakhs and the remaining amount will be adjusted in salary. I paid them Rs 10 lakhs in Aug 2015 as the first installment. In Oct 2015, all the trainees received an unfortunate news that the start up has been delayed and that they are trying for FDI. In Feb 2016, we were informed that competitors are a hurdle to their launch and they'll be sorting out the things by Jul-Aug 2016. Thereafter, we were informed that things are on track and we will get the good news by year end. In Jan 2017, the airlines talked about a merger with another airline and gave us a time frame of Apr-May 2017.
However, like past examples there wasn't any progress on the merger. Thus, In May 2017, I asked for a refund of Rs 10 lakhs. The director acknowledged and asked me four weeks to return the money. Later on he asked for more time. First week of Aug 2017, he communicated that I'll be getting the transfer details within a week's time. However, till date I have not received the money. The company's director has even stopped replying to my queries for the refund.
Please advise the further action to be taken.
Regards