I need to exit my existing company in 45 days but my notice period is 90 days. I am fine to pay the remaining 45 days of my notice period but my manager is not agreeing to leave me before 90 days. My termination clause in appointment letter is below. Based on the clause, can you please help me whether I can leave the company early by paying for the remaining 45 days. Can I company hold me for entire notice period without relieving me?
"In the event of either you or the company, after confirmation of your services, being desirous of termination of this appointment, you shall be at liberty to do so, by giving the Company three months notice in writing of such desire or three months basic pay in lieu of such notice. While in the case of the Company, a sum equivalent to three month's basic salary shall be paid in lieu of such notice.
It is also left to the discretion of the Company whether the period of any notice shall run concurrently with the period of leave, which may be due or may be granted to you. However, in case of your resignation, the Company reserves the right to relieve you earlier than the aforesaid period of three months without payment of any compensation. The Company shall have right to waive the period of notice or compensation thereof at its discretion."