If you notice period is 90 days as per your letter of appointment, then you are required to serve 90 days or pay in lieu thereof. You cannot ask for any relaxation on the ground that some employees were aboslved from serving notice period of 90 days. It is discretion of the company. Now if you don't serve notice period, company has the right to recover the outstanding notice pay from you by initiating legal procedure.
However, full and final settlement cannot be adjusted on the ground that you have not served notice period.
But in practical sense, if you don't serve notice period, management is required to intiate legal proceedings against you. On the other hand, if management does not pay the FnF, then employee has to initiate legal proceedings against managment.
And an employee cannot demand relieving letter as a matter of right unless such clause of issuance of relieving letter/ experience letter is mentioned in the letter of appointment.