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Stand taken by your company is perfectly correct and the same is in line with the relevant clause
in appointment letter, which read as follows:-
"Your service can be terminated by giving three months’ notice in writing or three
months’salary in lieu thereof, on either side. You will not be permitted to adjust any accrued
leave against the notice period"
Either you have to serve 3 months notice period or you have to buy out 3 months notice period, by depositing 3 months salary. In the clause, it is nowhere written that you can serve notice period partly and remaining notice period could be bought out.
So the option is either you serve three months notice or deposit 3 months salary in lieu of notice period, to the company and collect your relieving order
From India, Aizawl
kaushani-vejaniHello P Radhakrishnan Nair
Thanks for the insight
But i had asked for paying 90 days salary also but the same was denied by saying that they dont have it in their policy and while this argument/conversation regarding the clause mentioned was going on i was connected with the company.
The HR did not respond to my mails for days and the entire conversation took almost 40-50 days and hence i decided to complete 60 days and pay for 30 days
From India, Mumbai