Do employees need to serve a notice period during the probation period?

My question is with reference to the same point in discussion at https://www.citehr.com/33273-urgent-...probation.html

To reiterate my question, do employees need to serve a notice period during the probation period?

Below is the snippet of section #5 and #6 of my employment contract. With reference below, please let me know if the employee needs to serve a notice period during the probation period.

5. Notice Period

This employment contract is subject to termination by serving 45 days' notice on either side. However, the Company reserves the right to pay you one month's basic salary in lieu of notice. If you fail to report to work for a period of 10 consecutive days without notice or prior approval, you will be deemed to have voluntarily terminated your employment contract without notice, and the Company shall have the right to recover the payment in lieu of the unserved notice period.

6. Probation and Confirmation

You will be on probation for a period of the first (05) five months from the date of your joining, which may be extended at the discretion of the Company. During this period, the Company reserves the right to terminate your services with 15 days' notice, or salary in lieu thereof, without assigning any reason. On successful completion of your period of probation, you will be confirmed as a regular employee of the organization in writing.

Notice Before Unilateral Termination of Employment Contract

Notice before unilateral termination of the contract of employment by the employer or the employee is a condition created in express terms in the contract of employment, except in the case of retrenchment defined under Section 2(oo) of the Industrial Disputes Act, 1947, which is applicable only to those employees falling within the definition of a workman.

Therefore, broadly speaking, the notice condition has to be interpreted and applied in the situation of unilateral termination of the contract of employment by either party strictly according to the relevant condition expressly stated in the employment contract only. If no such condition exists, no notice is required. If the duration of notice or the quantum of salary in lieu thereof is specified, it equally applies to both the employer and employee at whose instance the termination is caused.

Application of Contract Conditions During Probation

Coming to your query, based on the equitable application of condition no. 6 of your contract, if you quit your job during your probation period, you will have to serve a 15-day notice or pay 15 days' basic salary.

To me, condition no. 5 seems disputable as it favors the employer only to pay one month's basic salary in lieu of 45 days' notice.