Leave encashment on resignation
JAI
(Querist) 27 June 2013
This query is : Resolved
myself is working in public ltd company in financial sector.full top management from parent organization. whenever employee resigns they give gratuity and pf as per norms. but no money for earn leave in hand at that time. can we do anything as per companies act or any other law. but there is facility to sell 15 days leave in every alternative year
malipeddi jaggarao
(Expert) 28 June 2013
Leave Encashment rules are covered by the Service Regulations of that particular Public Ltd.Company. If there is no provision for encashment of leave in the Service Regulations, you do not have any remedy.
Raj Kumar Makkad
(Expert) 01 July 2013
Jaggarao has rightly opined. Go through the relevant Leave rules of your company.