Notice Period Buyout - I have resigned from my company Notice Period Buyout - I have resigned from my company

2 years ago

I have resigned from my company. I want to buyout my notice period of one month but the HR is not allowing me to do so. They are saying that I will have to serve the full notice period. However in the appointment letter it is mentioned that I can buyout my notice period.

You will be at liberty to resign from the services during the probation period after giving 30 days notice in writing or on payment of equivalent salary.

The above statement is mentioned in the appointment letter. I really want to leave the company as it is one of the worst companies in the world.
What should I do here? Please help me.

Kishan Dutt Kalaskar

Responded 2 years ago

View All Answers
A.Dear Sir,
If you do not want any terminal documents then you can get issue a legal notice or approach Labor Commissioner office under Section 12 of Industrial Disputes Act.
Helpful
Helpful
Share

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

Anik

Responded 2 years ago

View All Answers
A.Dear Client,

As per the facts mentioned, as you said that it was mentioned in the employment agreement that you can buyout the notice period. Thus, you can send a legal notice to the company asking for an early resignment.
Helpful
Helpful
Share

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

Read Related Answers

question iconPf overlaping issue
Dear Sir, PF PROVIDENT FUND How to solve the two UAN problem? Note that each person should have only one UAN number (like PAN), hence if you have multiple UAN, it’s not allowed and creates problem...
question iconPf exit date noy done by employer
Dear Client, Firstly you have breached the contract of employer and employee hence once the due process of resignation is followed only then you would be eligible for the PF. Please get back with you...
question iconEmployer replied to my BGV as "Absconded candidate"
Dear Sir Please approach the following authority or similar authority in a state The Office Commissioner of Labour Karmika Bhavan, Dairy Circle, Bannerghatta Road, Bangalore-29. 080-29753078 labou...
question iconPf exit date
Dear Sir, PF PROVIDENT FUND How to solve the two UAN problem? Note that each person should have only one UAN number (like PAN), hence if you have multiple UAN, it’s not allowed and creates problem...
question iconCompany asked me to pay one month salary on resignation on probation period
Dear Client, If the offer of the company meets the terms of your appointment letter appointing you as a probationer, then you can opt for resignation on payment of one month's salary without serving a...