Leave Encashment - Factories Act

prashant1314 (Querist) 18 July 2010 This query is : Open
Dear Sir,

We are a medium sized manufacturing Company ( Private Limited ) registered under Factories Act - Pune -Maharashtra.

My boss MD wants to en cash the earned leave - leave on quarterly basis.

As per my best knowledge employer has to keep minimum 30 PL to the credit of respective employee & over & above can be encashed.

Request you to all seniors to throw light on it with any Apex Court Judgements.

You can assist me at personnel@emdet.com

Thanks in advance.

Prashant

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