Hi
I joined this pvt. ltd. company few years back. At the time of joining i was told that the total notice period is of 3 months with could entirely or partially bought out.
My agreement which I had signed at the time of joining states "after confirmation, your services can also be terminated at any time giving three months notice by either side or basic salary in lieu thereof. "
I have put in a notice period of 45 days and told the HR team that I am ready to pay basic salary for the remaining 45 days. My supervisor is not ready to relieve me and HR team has asked me to serve the entire 3 months.
I have served 40 days notice period in the company and only few days are remaining in my last day but the HR team has told me that I will not get any relieving letter and they will abscond me if I don't complete entire notice period.
They are not willing to complete my exit formalities. Can they legally do it. I cannot serve the entire notice period as I am leaving the city.
According to my agreement I am not bound to serve 3 months if I am ready to pay but still th HR is threatening me.
Please let me know what are the actions I can take against the company if they do not provide me the relieving letter and do not complete my exit formalities before my last day(45th day)
Kindly advise.