Vijay anand (Consultant) 10 July 2017

Recovery of money

Is advances paid towards expenses in a company during the course of employment can it be recovered as repayable loans by the company after reliving the person from service.

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Sudhir Kumar, Advocate (Advocate) 10 July 2017

Give facts. This forum is not for riddles

Arjun Kohli 10 July 2017

Any expenses you have paid on behalf of the company, as long as within the HR Policy of your company, are supposed to be reimbursed to you, as they were spent in the capacity of an employee.

Vijay anand (Consultant) 10 July 2017

My friend worked as freelance consultant for a company in India but was appointed by a European Company abroad. All her expenses were met out by the Indian company as per the norms said by the European company as Advances. Bill and vouchers were settled as and when for those periods. When she left the company she was given proper reliving. Later on few months after she was sent notice asking for recovery of amount stating it's not Advances but only repayable loans. They had not stayed that these advance were repayable loans till she was engaged by them. Pls advice.

Kumar Doab (FIN) 10 July 2017

Originally posted by : Nanthini
	Is advances paid towards expenses in a company during the course of employment can it be recovered as repayable loans by the company after reliving the person from service.

It is intersting thread.Pls post full facts.

Kumar Doab (FIN) 10 July 2017

Originally posted by : Nanthini
	My friend worked as freelance consultant for a company in India but was appointed by a European Company abroad. All her expenses were met out by the Indian company as per the norms said by the European company as Advances. Bill and vouchers were settled as and when for those periods. When she left the company she was given proper reliving. Later on few months after she was sent notice asking for recovery of amount stating it's not Advances but only repayable loans. They had not stayed that these advance were repayable loans till she was engaged by them. Pls advice.

Do you have copies of appointment letter/contract of employment/deputation-tranfer-secondment order etc whatever it was and its T&C?

Who prepard,signed,submitted the said bills/vouchers and to whom payment was made in accordance with T&C?

Vijay anand (Consultant) 10 July 2017

Bills vouchers submitted by my friend to accounts dept, they had accepted the bills expense statements.

Vijay anand (Consultant) 10 July 2017

Bills vouchers submitted by my friend to accounts dept, they had accepted the bills expense statements.

Vijay anand (Consultant) 10 July 2017

Bills vouchers submitted by my friend to accounts dept, they had accepted the bills expense statements.

Vijay anand (Consultant) 10 July 2017

Bills vouchers submitted by my friend to accounts dept, they had accepted the bills expense statements.

Kumar Doab (FIN) 10 July 2017

You have not replied to all points.

Do you have copy of Bills/vouchers/approvals and NOC/NDC?

Kumar Doab (FIN) 10 July 2017

Does the payout show voucher number, head under which payout is narrated?

Vijay anand (Consultant) 10 July 2017

She has submitted the bills but as far as I know accounts dept only takes the vouchers bills etc never give a box for that. If any advance is pending then there after every bills submitted they disapprove of the bills. There is no correspondence for disapproval of bills submitted. They kept quite until her reliving then they start a civil suit. Not a criminal action against her.

Vijay anand (Consultant) 10 July 2017

Mr. Sudhir has given facts, put ur input not critize.

Vijay anand (Consultant) 10 July 2017

Payout doesn't show voucher number. Accounts has just put it in their summary statement as advances personal for various amounts over a period of 4yrs.

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