Encashment of Privilege/Earned Leave on Resignation/Termination

Debaditya Ghosh
Is encashment of Privilege Leave mandatory? In my first and second company, I learnt that Privilege Leave can be encashed as the latest Basic wages. During settlement of accounts & wages post resignation from services in these two companies, I encashed my balance Privilege/Earned Leave accrued till last working day. But in my present company, I heard that Privilege Leave can not be encashed, not even during settlement post resignation from services. But I want to know whether I'm being deprived of my rights if encashment of Privilege/Earned Leave is legal and justified. And if so, then how to fight with the authorities to get back my privilege/earned leave encashment, can someone share a circular or some official document on this?
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