I Mr. Nirav Vadodariya joined IIFL company in November 2009 as Branch manager EMP CODE-C80553 MY performance was excellent. So other 7 branches were handed over to me. For the (commodity, currency business and also designation has been changed to Business development manager).
2. As per the company policy (Acts and regulation) i was getting 2% incentive.
3. Suddenly from june 2011 company has not paid the incentive.
4. At relevant time company overall Q to Q growth approximent (-20%) while the growth of branches which where endorse to me was approximate Q to Q + 68 % upside but the company was not provide my incentive to their recpective tenure.Not only that with Mela fide intension . Company has also decrease the post BM>BDM>SM
As per company policy I was eligible for following to contest.
1. Monsoon Blast..Rs. 11,000/-*
2. Bangkok Contest
Even above mention 2 Contest I eligible still amount not deposited in my bank A/C.
During within 2.4 year total year of my service I was suffering 3 to 4 time change his post and location and position.
So, i draw your attention by this notice that follows amount is due from IIFL.
1. Eligible incentive from June 2011 to Dec 2011
2. Contest amount..Rs.. 11,000/-Plus Bangkok Contest
pay total amount Rs.95350/- *
NIRAV VADODARIYA
(B.COM,LL.B,DBM,CFA)
WEALTH MANAGER
CERTIFIED BY-NISM,NCFM,IRDA
An email communication has been sent to India Infoline Ltd on August 10, 2012, 4:50 pm
i issue notice under section 433/434 of company act