Moreover as you stated that the company policy is not allowing to encash,this should be reviewed as full & final settlement should include all dues.
As far as I am informed Managerial person cannot challenge the company on these grounds at Labour Court. Labour courts are appropriate forums for workmen category.
27th October 2017 From India, Hyderabad
27th October 2017 From India, Mumbai
Please Peruse relevant Acts in detail.Your Company Policy is not in Confirmity with The Factories Act/ Shops & Commercial Establishments Act? Relevant Laws will prevail over your Policy
The Factories Act/ Shops & Commercial Establishments Act Provides for Leave/leave Encashment to all Employees of the Organization.Even Managerial Personnel are also entitled for the benefits provided under the relevant laws
Department Of Labour/The Factories & Boilers Department-Appropriate Forum for adjudication of Non Payment of Leave Encashment
As per relevant laws, Leave Encashment is payable for Balance Leave at Credit consequent to resignation from Service
28th October 2017 From India, New Delhi
All the statutory enactments are in favour of weaker section and shall bot support Managements which are the stronger segments in business/employee employer relation.
Regarding time limits,all are governed by Contracts Acts & Labour Enactments.
30th October 2017 From India, Hyderabad