Need help, can any one to draft me a mail to our company
Ramakrishna
(Querist) 08 December 2015
This query is : Resolved
I worked in a company for 9years during my service company has provided me a loan of rs. 4.48lakh interest free loan by executing a agreement in the stamp paper. And taking sale deed of our house which is in the name of my father. The Employer removed me from the company by forcing me to write a resignation and told they will notice period amount. Now they r not doing my settlement. Now they r telling that the loan which they have given to me is not granted by management. Hence I need to bear the cost of interest which company has lost. The loan which I have taken has been repaid every month by cash for 3years and balance cash of rs. 1.34lakh took from my father and repaid. And took back our sale deed. My father arranged the money from local finance and now the finance people is not providing any proof for the amount to us. Loan taken in 2010 and closed in 2013. Kindly help me to draft a mail. The Co. Asked the following questions.
What is reason for sourcing the high value for closing the loan?
How did my father generate this money?
If your father is generating this what need for taking money from Co.
My answer.
Manager who granted the loan told to close the loan. Hence we arranged the money and repaid.
My father was depositing money in local chits fund. And chit amount withdrawn and paid. The chit fund people not providing any proof for the same and destroyed because is 2013.
We have constructed a house for that we took hand loan from our relatives. We were unable to repay the the amount. Then requested our Co. Manager. They also agreed and granted me loan.
Kindly help me to correct and draft a mail.
P. Venu
(Expert) 09 December 2015
The Company cannot force you to do anything contrary to the terms of the agreement. Necessarily, the agreement as well the subsequent correspondence/records needs to be seen and perused,
Rajendra K Goyal
(Expert) 09 December 2015
What is reason for sourcing the high value for closing the loan?
- You may have mentioned in your initial application. Otherwise mention to pay high interest bearing loans taken during construction / renovation of house.
How did my father generate this money?
-- From his savings.
If your father is generating this what need for taking money from Co.
-- Taken for better / no cost / cheaper cost of loan.
K.S.Srinivas
(Expert) 12 December 2015
Experts have already given advice. There is no scope for me to add anything.
Ramakrishna
(Querist) 13 December 2015
Thank you for the reply, Apart from the above, they are asking me bear the cost of interest during the period of loan. Holding my gratuity, leave balance and notice pay amount.
Ramakrishna
(Querist) 13 December 2015
Thank you for the reply, Apart from the above, they are asking me to bear the cost of interest during the period of loan. Holding my gratuity, leave balance and notice pay amount. Relieving letter and experience letter. I need to mention the mail please help
