The company has started a service for its employees in which it offers that it will procure cars for eligible employees through a leasing company and the EMI of the car will be deducted from the employees salary.
An Employee opted for this service and the company placed the order with the leasing company who paid the amount of registration and road tax to the car vendor. The registration of the car has been done however in the mean while the employee has resigned and has not taken the delivery of the car. Can the company recover the penalty from the employee in this case
