Legally yes, you are eligible for either 60 days notice or 60 days pay as per terms of your employment.
Now the decision, depends on your assessment of the situation prevailing in your company (probability of company paying you full notice pay and probability of company victimize you). Assess and decide between cost of taking head on with the company vs. letting go 30 days salary, you are the best judge for this situation.
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3rd December 2018 From India, Mumbai
But if they were to terminate, then it will have a bearing on future job prospects. It all boils down to your negotiation skills. Good luck.
3rd December 2018 From India, Bangalore