Sir I resigned from an organisation at that time I have 70 el now company denying to encased 70 el they are going to give only 40 .is there is any rule for keeping 30 el with company
From India, Kolkata
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From India, Kolkata
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Dear Mann, There is a rule of accumulation of EL upto 42. Therefore your company has given you 40 EL’s encash. There are right. Rgds
From India, Mumbai
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19From India, Mumbai
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If the employment of a worker who is entitled to leave under sub-section (1) or sub-section (2), as the case may be, is terminated by the occupier before he has taken the entire leave to which he is entitled, or if, having applied for and not been granted such leave, the worker quits his employment before he has taken the leave, the occupier of the factory shall pay him the amount payable under section 80 in respect of the leave not taken. Such payment shall be made where the employment of the worker is terminated by the occupier before the expiry of the second working day after such termination and where a worker who quits his employment, on or before the next pay day.
The unavailed leave of a worker shall not be taken into consideration in computing the period of any notice required to be given before discharge or dismissal.
From India, Mumbai
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The unavailed leave of a worker shall not be taken into consideration in computing the period of any notice required to be given before discharge or dismissal.
From India, Mumbai
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The respective State Shops Act provides for a maximum permissible PL accumulation, which in most cases is 2 years of leave. Hence, depending on the state you are in, 42 days may be the right limit, over and above which the leaves may lapse as per company policy. Actually, your company should not have shown 70 days of PL to your credit in the first place, which is causing this confusion. They should have lapsed any leaves beyond 42 days. In my existing company, we also have a limit of 42 PL days, which can be encashed at the time of exit.
Regards
From India, Mumbai
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Regards
From India, Mumbai
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Leave Policy.doc