Disciplinary action for employee on last day of notice period?

adityaganju2222@yahoo.co.
Dear All,
I have inadvertently posted my reply to a different query here by mistake. Excuse me if the above answer of mine is a bit confusing. This was actually given in response to the query as to what an employee under service-bond could do to come out of a company if that company is refusing to relieve him and / or refusing to accept notice period amount from the employee?
Regards,
M.A.Ganju
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