As part of prospective vendor due diligence, I am reviewing the SOC 2 audit report for a vendor our company is thinking of using. In the report, there were references to a "no dues report". This company is based in India.
I am not familiar with what such a form is, and why it would be important to reference in a formal audit report. However from the research I did, it appears to b a document used when terminating an employee, used to evidence that the employee left without being obligated to the company in any way.
What is a no dues report as used in India?