In my contract, it is clearly mentioned that "Your service may be terminated by the Company at any time with three months' notice on either side or payment of three months' salary in lieu thereof."
My question is, if I give my resignation with 3 months' notice, is the company bound to accept the same, or may they accept my resignation without accepting the notice period? In option two, can I claim for 3 months' notice pay?
Regards,
Saraf
From India, Kolkata
Acknowledge(0)
Amend(0)
My question is, if I give my resignation with 3 months' notice, is the company bound to accept the same, or may they accept my resignation without accepting the notice period? In option two, can I claim for 3 months' notice pay?
Regards,
Saraf
From India, Kolkata
Acknowledge(0)Amend(0)
Unless the totality of your 'Employment Contract' is made available, it may be short sighted to give you an authentic advice.
From India, Delhi
Acknowledge(0)Amend(0)
459From India, Delhi
Acknowledge(0)Amend(0)
The company can either adhere to the 3-month notice period or release you immediately upon receiving your resignation. One cannot force the full payment of the notice period salary. For instance, if an employee is hired within 15 days after your resignation and completes the handover within a month, totaling 60 days, the company may release you after compensating you for 60 days. There is no obligation for the company to pay your salary for the remaining 30 days. A similar situation applies if your new employer requires you to start within a month; you can work for one month, be paid for 60 days, and then be relieved.
Hope this clarifies your doubt.
From India, Ahmadabad
Acknowledge(0)Amend(0)
Hope this clarifies your doubt.
From India, Ahmadabad
Acknowledge(0)Amend(0)Looking for something specific? - Join & Be Part Of Our Community and get connected with the right people who can help. Our AI-powered platform provides real-time fact-checking, peer-reviewed insights, and a vast historical knowledge base to support your search.
Withdrawl of Resignation and Notice period.doc
Resignation-Not ice Period- T._Purushotham_ Reddy_vs_United _India_Insuranc e_Company_..._o n_21_Nove.pdf