I want to know what to do if a company is not willing to provide a full and final settlement. I have a situation where an individual resigned and only gave a 3-day notice period. An amount of approximately Rs. 60,500 is pending in the full and final settlement. Please advise on the next steps to take.
Thank you.
From India, Gurgaon
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2Thank you.
From India, Gurgaon
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You can raise an industrial dispute if you are a workman or file a civil suit.If gratuity is involved in the above amount you can approach controlling authority. Varghese Mathew
From India, Thiruvananthapuram
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From India, Thiruvananthapuram
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You have given 3 days notice and left, i assume without a proper handover. And you expect that you will get a settlement ?
From India, Mumbai
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From India, Mumbai
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The employee can demand a full and final settlement only when they have completed the exit formalities on time. If there is a notice period of 30 days and you have a leave balance of 30 days or more, then request the company to adjust the leave balance in your notice period. Further, surrender all company belongings and receive acknowledgment.
Regards,
Rahul
From India, Pune
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Regards,
Rahul
From India, Pune
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Full n final settlement.doc