I have been working in a pvt. ltd. co of chhattisgarh, which is into manufacture of steel/steel products/ tmt/ ferro alloys generation of power since last more than four and half years as a secrtary to directo rof the company since last more than a years time our companys financial health is not good and co is in the process of cutting manpower cost labout cost and others wherever possible.
every now then management is asking employees, technical or official to leave the job immediately without giving proper notice as per the termsof our appointment letter. recently my senior asked me on 29th sept 2015 that today you handover all the papers and other belongings of the co with you and tomorro w 30sept is your last day in the co.
i was shocked to hear this and asked him what is the reason and why they want me to leave abruptly but he said its decision of management and i have to follow this.
my question to seniors is
is there any rule or regulation that management can ask any employee to leave the company without any proper notic eprioed
if an employee wants to leave the co he has to give proper notice of one month or three months whatever stipulated in letter of appointment. here i would like to mention that i n our appointment letter there is notice period of three months and it was clearly mentioned that if emplyee wants to separate he has to give three months clear notice and if employer wants to discontinue the serivices of employee then it will give one month notice to him.
sir in our payment structure there is mention of lta and medical which is component of our salary structure. this lta and medical money is being retained by our company and not paid on monthly basis its mentioned in apptment letter that this retention money i.e. lta and medicall will be paid annually once in a year... but its the real/ practise that its is paid once ina two year and that too depend on the mercy of the management.. thus our lta and medical amount is blocked with the company and now compnay is firing people every now and then and it s observed the they are also not making full and final settlement of the employes for more than one or two years ...
please advise what to do and where to go... as they have stopped my punching also as i chedked while leaving on 30th sept i tried to out punch my card in attendance system then i came to know my card has been blocked....
Let me know is there any provision in a law to get a solution to this problem.... company without giving proper notice fired employee ......
what to do should i tender resignation and give three months notice or asked company to pay my full and final incuding lta / medical / payment for sept 2015 bonus etc....
kindly advise me in detail... or show me the righ tpath ..
rajendra 2nd October 2015 From India, Indore