Withdrawing a Resignation in IT Companies
It depends on the company's HR policy as to whether an employee can withdraw a resignation already tendered. Especially in IT companies, divergent practices are in vogue.
I suggest, presuming you have been working for an IT company, that you need to introspect your decision to withdraw the resignation for the following reasons:
After receiving your letter of resignation, the company may not be obliged to accept your withdrawal request and may choose to let you go instead. Even if you have a great relationship with your employer and colleagues, there's a good chance that they will still turn you down at an opportune moment. It is very difficult to survive under a hostile atmosphere as you may be totally marginalized.
However, legally, if an employee tenders a resignation with a specific date specified for relief/release (e.g., the last date of the notice period), the employer cannot relieve you unilaterally during the middle of the notice period. Furthermore, you are entitled to withdraw the resignation. The employer cannot legally force you out of employment. As per the Supreme Court verdict, even if you are not allowed to work, you are deemed to have been in employment until the last day of the notice period with all consequential benefits like salary and other benefits as if you are in service. Your further continuation in service depends on the employer's action.
Notwithstanding legality, you should reexamine the implications of your withdrawal of resignation in light of the foregoing suggestions and act accordingly in your own interest.
Regards, Panchsen
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