Dear friends,
We, request everyone to peruse the blog-post as
carried below, to know the extent of the Corporation's malpractices as
far as we resigning ex-employees are concerned. To the Corporation, we
are persona non-grata!
Today, we also take a pledge to steadfastly and vigorously pursue our case regarding illegal repudiation of our hard-earned back wages; i.e. arrears and other dues; till its logical conclusion.
We will walk hand in hand and take a stand that L.I.C of India MUST pay all our dues immediately. We hope and pray that the Government of India supports our stand and proactively helps us in realizing all our hard-earned money with interest at the earliest. Even the prospective investors in L.I.C of India's I.P.O., newly appointed law firms and statutory auditors must stress on the Managing Board of Directors to pay up; clear this long-outstanding, (unaccounted for) liability running into several crores of rupees since August, 1997 (more than two decades!) and clear the Balance Sheet of the Corporation.
The readers are requested to peruse my earlier blog-post dated 24th January, 2021, concerning the estimate of wage revision arrears repudiated unconstitutionally, unethically and remorselessly by our ex-employer - Life Insurance Corporation of India.
Our
trust in our ex-employer L.I.C, has been betrayed, not empowered, by
none other than L.I.C which needs a crash course in Human Resources Management/Development. Only holding seminars ad nauseum on this topic is redundant if it can't walk the talk and treat its employees fairly and graciously.
We finally urge L.I.C of India to walk the talk! (Read "Pay Up") ASAP.
The long-suffering, resigning, ex-employees of L.I.C of India!
SATYAMEVA JAYATE!
P.S. We wonder how the officials in the Managing Board of Directors of L.I.C of India even get sound sleep at night, after defrauding scores of resigning ex-employees of their hard-earned dues like arrears arising due to wage revision, difference in Statutory Retirement benefits like Provident Fund and Gratuity; despite the Supreme Court's decision regarding rendering of the repudiation clause as 'ultra vires' and its verdict favoring such employees, in several cases?
No prick of conscience?
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