Human Resource And Industrial Relations

In our company the notice period for resignation cases are for 3 months. Is it mandatory on the company upon recieving of the resignation letter to acknowledge the same and set a date for release? or during the notice period release letter can be issued at any point of time? Is their any legal angle to the same ? Please advise
4th October 2006 From India, Calcutta
Dear Rikkreesha,
Once your resignation is accepted the Company it is automatically understood that the Company is releasing you after completion of Notice Period, i.e., 3 months in your case, unless there is an agreement or compulsion on account of the employee to extend the Notice period. For example: You may have taken a loan for Housing which you need to repay.
Further the Company can release you prior to completion of Notice Period by adjusting your dues against the Notice pay that is due to the Company against your short notice, or can waive the same at their discretion.
Click the following links for further information:
<link no longer exists - removed>
<link no longer exists - removed>
4th October 2006 From India, Thane
Hi Swastik,
But a company can also relieve the employee before the expiry of notice period, the onus lies on the company to set the relieving date, they can relieve an employee anytime they deem fit ( ofcourse it has to communicated at the time of the acceptance of the resignation ).
Please correct me if I am wrong.
Best Regards'
4th October 2006 From India, Hyderabad
Add Reply Start A New Discussion

Cite.Co - is a repository of information created by your industry peers and experienced seniors. Register Here and help by adding your inputs to this topic/query page.
Prime Sponsor: TALENTEDGE - Certification Courses for career growth from top institutes like IIM / XLRI direct to device (online digital learning)

About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2019 Cite.Co™