Geeta (xyz) 22 August 2012

Please help me about mou...(its urgent)

Thanks For Reading my Question... Please give me detail solution about my promblem

I have an agreement with company under mou with stamp paper of Rs 20/- as a Manager in their company

that company will pay Rs 30000 pm and company will give 20 % of net profit of the company as an incentives/commission (apart from salary)

but company not giving me incentives and they pay salary through bank

it became fight between company and me...

now they are force me to leave a job...they are telling that u can't do anything with that paper...i feel that company has cheated me....now i want to suit a file to campany...

now please tell me

can i suit a case on company?

can i get my incentive ?

is there is any validity for this agreement...?

is this true that Rs 20 /- paper not valuable for mou (memorandum of understanding)

please please give me detailed answer for my career....THANKS

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4 Replies

Anish Thakur 7018812737 (advocate) 22 August 2012

dear querist,

agreement is agreement,no matter if it is valued accordingly or not and the validity of contract remain legally valid,company can not deny from having any agreemnt with you only on the basis of stamp value,yes you can file suit against the company and company is liable to pay you the rest money and to give you the job with dignity and self respect of you.i am sure you will get your incentives and claim for mentally harashment too.

all the best,

Anish thakur

9459321520

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M.S.R.Murty ( Manager (Admn)) 23 August 2012

Hello,

Did you check up with the Balance sheet of the Company whether it is running under profit or loss ?

Geeta (xyz) 23 August 2012

that company makes profit

M.S.R.Murty ( Manager (Admn)) 24 August 2012

You please send a formal notice to the Dignotory who signed the M.O.U in personal Name & Designation. On basis of his reply you can prefer legal recourse