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Need Urgent Help for Relieving under Shop & Est. Act

(Querist) 02 June 2010 This query is : Resolved 
I am in a pvt bank and comes under shop & estab. act,after my resign,i have been asked to serve 3 mnths notice period,whereas i need relvng in 1 mnth urgntly.I hv my PL around 60 accumulated as of now and had told my present HR to adjust agnst 2 mnths notice period & rest for 1 month i 'll serve here. Pls guide if thr is any binding that i hv to b here for 3 mnths or can i fight agnst this to get early relvng
B K Raghavendra Rao (Expert) 03 June 2010
After tendering your resignation letter, you are supposed to serve for the terminal period of three months. You cannot apply for leave. Therefore, if you have already submitted your resignation letter, you cannot adjust 60 days PL for the obligatory period of resignation. Only by request and payment of salary in lieu of notice, you can get relieved earlier.
Raj Kumar Makkad (Expert) 03 June 2010
I do agree with Rao.
gagan avasthi (Querist) 03 June 2010
But i have mentioned in my resignation that I am ready to pay for the notice period to get early relieving, what can be done in that case


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