Mr. Vaibahav,
Unless notice period is formally approved by the competent authority formally in writing, mere approval for early relief from post does not denote waiver of notice period pay. You have the liability to pay the notice period pay, which you cannot escape, as per terms of appointment. Your assumption is right that if a person is not able to pay so it.mean he couldnot do. Rules & conditions are sacrosanct. No alternative, except to get approval for waiver of notice period. Else, pay the notice period pay or serve the due notice and work for the whole period of notice.
Unless notice period is formally approved by the competent authority formally in writing, mere approval for early relief from post does not denote waiver of notice period pay. You have the liability to pay the notice period pay, which you cannot escape, as per terms of appointment. Your assumption is right that if a person is not able to pay so it.mean he couldnot do. Rules & conditions are sacrosanct. No alternative, except to get approval for waiver of notice period. Else, pay the notice period pay or serve the due notice and work for the whole period of notice.