Accumulation of EL after availment in a year is subject to the limit fixed in the Act under which the leave is applicable.
When you go on EL for 15 days in a month, you will get leave salary for the 15 days and duty salary for the remaining days you worked.
In this situation, where is the question of encashment ?
Any company has a policy of EL accumulation limit upto 30/60/90.
In such case, if you are having 50 leaves, please check with the policy
which you have accumulation limit of EL. More than the limit of EL
either will be encashed or lapsed, if you do not utilise them.
Hope your doubt is cleared now.
AGM - HR & IR