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prashant1314 (HR Learner)     18 July 2010

Leave Encashment - Factories Act - Maharashtra

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



Learning

 1 Replies

V. VASUDEVAN (LEGAL COUNSEL)     22 July 2010

The leave regulations of the Factories Act would apply only the workmen. For Managerial category, the leave regulations would be bound by the company's internal administrative manual and/or terms of contract of the appointment - for the Managing Direcor.  

vasudevan


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