Hello Sir/Madam, This has been a practice of my company to delay the Full & Final settlement for employees who resign from the company. The final settlement along with the experience letters will be received after almost 2 months of leaving the organisation. This is the case with normal employees who serve three months notice period. These 2 months are very chaotic as the new company keeps requesting for the experience letters. There is no specific reason cited by the organisation for the delay in making the settlement. Sometimes the reasons seem petty. As a manager, I know this is wrong but I was helpless. 3 months back, our organisation had laid off many employees including me. They informed us that we will be getting three months salary as severance pay. The first two months were credited on time i.e 1st of each month. However, the third month payment has been stopped. They informed us it will be settled with the F&F settlement. There were no timelines mentioned to us. There is no letter issued to us - Neither laptop acceptance or resignation acceptance. I am getting job offers but they expect a firm date for joining along with the experience letters. I am not in position to furnish them these details. What can I do in this case? The company that I worked for is a BSE listed firm with strong financials.

Ans: Please send a legal notice to your employer to clear your dues. Tell them that you will report the same on social media. Be sure your facts are correct

Ans: I’m sorry to hear that you are facing issues with your Full and Final (FnF) settlement. According to Paytm Business, FnF settlement refers to the process of calculating various dues payable to an employee who has resigned, retired, or been removed from an organization. It includes the calculations as per the salary drawn till the last working day but also deductions or additional earnings. The major components of the full and final settlement dues include outstanding/unpaid salary, unavailed privileged leaves and bonuses.

It is a common practice to finalize the FnF settlement process within 30-45 days from the last working day of an employee, irrespective of whether he has resigned or is being terminated. If the employer fails to fulfill the FnF settlement requirements, the employee can contest it legally, and the employer will be liable to pay interest on all the dues as a penalty.

You mentioned that you have all the proof of submission of LR copy for sample returns. You can try to reach out to your previous employer and request them to expedite the process. If they do not respond, you can send a legal notice to your previous employer stating that you will take legal action if the dues are not cleared within a specified time frame. You can also consult a lawyer to help you with the legal process.

I hope this information helps you. Good luck!

Ans: Dear

Try as much as possible to talk to them understand their concerns. You may take your wife and family along with you for meeting to put emotional pressure.

All the best.

Ans: Hello

Suggest you consult a lawyer.

All the best.