LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Sudhir   02 April 2021

Maximum time for service settlement

Dear Sir

Can you tell me how many days after the notice period the employer makes the complete settlement? Maximum days..



Learning

 1 Replies

Ritesh Maity (Labour Law Advocate)     04 April 2021

There is no prescribed rule. Companies generally complete all formalities within 30-45 days. But legally speaking, one needs to pay all full and final settlement on the last day of work or otherwise such payable amount may incur interest.


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register