Hello All,
Thanks for all your quick support and motivations.
Finally, I got a call from the university advocate to settle the gratuity case outside the labour court (after frequent visits to labour court).
They agree to pay a cheque with just the actual gratuity amount and not the penalty (which is as per gratuity act, 10% simple interest of gratuity amount per year i.e. for 3 years). They will also make me sign an agreement on Rs. 20 stamp paper that all my dues are cleared now and full and final settlement is done. They said if I want the penalty amount then be ready to fight till high court and supreme court!
So, the last piece of advice I would require is as follows:
* Should I settle the case with just the gratuity amount (without the penalty amount) or have the burden of high court expenses for the penalty amount?
* Should I sign the agreement of all dues cleared?
* Will this amount I will receive a settlement amount will be tax-free or do I need to get some kind of letter from the university that it is gratuity amount?
Thanks.