India Infoline Ltd - 7 month incentive not received with Mela fide intention
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Complaint by: NIRAV VADODARIYA on August 10, 2012, 4:50 pm in Career and Employment

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/- *


Complainant's Goal: 7 month incentive not received or clear Mela fide intention
Complainant's Target: India Infoline Ltd
Complaint Location: IndiaGujaratAhmedabad
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Recent Comments
Sat, 16 Mar 2013   Message By Complainant nirav vadodariya

i issue notice under section 433/434 of company act

Fri, 10 Aug 2012  Message from Helpdesk

An email communication has been sent to India Infoline Ltd on August 10, 2012, 4:50 pm