i have taken corporate car policy i have taken corporate car policy

1 year ago

Hi there
I have taken corporate car policy and purchased the car worth 20 Lakhs. but after paying 5 months of emi i have got better opportunity. now my existing company is saying me to pay the remaining amount or we will take the legal action against you.
Please note: the car is still under the name of my company
I have purchased the car to save the taxes under corporate car policy

Kishan Dutt Kalaskar

Responded 1 year ago

View All Answers
A.Dear Sir,
Just resign and join new company and let the old company take any action against you for which you may engage advocate and fight for years together provided you are not in requirement of experience certificate and relieving letter.
Helpful
Helpful
Share

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

Read Related Answers

question iconLoan
Dear Client, A co-applicant/borrower is equally liable for repayment of the debt if the principal Borrower fails to repay it and if after exercising all the steps for recovery of debt against the Bor...
question iconCompassionate appointment
Dear Client, The SBI rules can not be breached. it could be the policy of the bank to not hire anyone. Please check with the rules and guidelines for heiring employees
question iconEducation Loan OTS
Dear Client, Try to go to the online portal of the said bank and complaint about grievance through the same. it is advisable to repay the loan amount within the stipulated time or you may face seizur...
question iconSbi account put on stop by cyber security
Dear Sir/Madam, Under the following provisions the Hon’ble Magistrate Court having ample powers to unfreeze the Bank accounts. Further, the Hon’ble Court has vast powers to hand over the properties/v...
question iconMy bank account got freezed
Dear Client, Once a cybercrime scam or fraudulent transaction is reported online to the National Cyber Crime Reporting Portal(NCCRP), on the instruction of the Cyber Crime Cell, the investigating tea...