Relationship between Lock in period and notice period Relationship between Lock in period and notice period

4 years ago

What is the relationship between lock in period and notice period? How to deal with lock in period and notice period? Explanation with example?

Shreyash Mohta

Responded 4 years ago

A.lock in period is for time deposits. eg: loans, FD etc. wherein your money cannot be taken out for a certain period of time. Also like Bonds and debentures.

Notice period is the period of service wherein you need to serve a stipulated time period in a company or an organisation before completely resigning from your post.
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

Kishan Dutt Kalaskar

Responded 4 years ago

View All Answers
A.Dear Sir,
You have to share the relevant documents and this platform is not meant to submit explanations with examples.
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 iconExcess land not in record, can it be sold??
Dear Client, It is illegal to sell the excess land without the patta papers and title deed. The excess land can be sold, only if the seller is the title holder of all the land including the excess. So...
question iconLeave & Liscence agreement
Dear Sir, You cannot stop basic necessities of such tenanted house which is illegal as per law. The proceedings before the Courts cannot be taken away by mutual agreement also. You have to file a suit...
question iconLandlord/Tenant
Dear Client, If the owner continues to delay or refuses to comply, you may need to explore legal options. Filing a case in court could be the next step to seek resolution and potentially recover you...
question iconLandlord/tenant
Dear Client, If the builder/ broker has not delivered the possession even after the the due date as mentioned in the contract you have a few legal options, one is to cancel the agreement with the bui...
question iconNo return of advance paid. Absence of agreemnt
Dear Client, Many landlords in India follow the system of no return off advance system. Please check the terms and conditions of the contract. if the same is not mentioned and there is no restriction...