Dear Friend,
You are just being held to ransom in an abosultely unethical and illegal manner. Normally the terms and conditions spelt out in Appointment Letters are:
" In the event of your resignation/leaving the Company you shall be obliged to give to the Co......month's notice or pay to the Co. salary in lieu of such notice thereof".
In you case it is three months or three months' salary in lieu of such notice.
Since you are willing to "buy out your Notice Period", there is no reason why the Co. should not accept your resignation and relieve you as per your request.
In not doing so the Co. is only demonstrating extremely poor HR practices and a very poor Corporate image.
Like one of our friends has said in one of the responses, there is no point in wasting your time and resources in contemplating legal action which would prove to be even more frustrating and a long drawn out process.
You MUST write in detail to the MD or the CEO or to any other decision maker in the Co. about the manner in which you are being treated and harassed by people down the line.
Under the circumstances you could enrich yourself by doing some meaningful reading and utilizing the time available to you.
You have the option of just walking away after explaing your point of view in writing, but then such set of people will certainly create problems in settling your dues in Full & Final and you may end up losing your rightful dues.
It is most unfortunate, but we do have some such poor HR practioners and we have to live with them.
For any help, assistence or guidance you are most welcome to contact me anytime.
Cheers!!!
Vasant Nair
09717726667
You are just being held to ransom in an abosultely unethical and illegal manner. Normally the terms and conditions spelt out in Appointment Letters are:
" In the event of your resignation/leaving the Company you shall be obliged to give to the Co......month's notice or pay to the Co. salary in lieu of such notice thereof".
In you case it is three months or three months' salary in lieu of such notice.
Since you are willing to "buy out your Notice Period", there is no reason why the Co. should not accept your resignation and relieve you as per your request.
In not doing so the Co. is only demonstrating extremely poor HR practices and a very poor Corporate image.
Like one of our friends has said in one of the responses, there is no point in wasting your time and resources in contemplating legal action which would prove to be even more frustrating and a long drawn out process.
You MUST write in detail to the MD or the CEO or to any other decision maker in the Co. about the manner in which you are being treated and harassed by people down the line.
Under the circumstances you could enrich yourself by doing some meaningful reading and utilizing the time available to you.
You have the option of just walking away after explaing your point of view in writing, but then such set of people will certainly create problems in settling your dues in Full & Final and you may end up losing your rightful dues.
It is most unfortunate, but we do have some such poor HR practioners and we have to live with them.
For any help, assistence or guidance you are most welcome to contact me anytime.
Cheers!!!
Vasant Nair
09717726667