Dear Sir, I am working with a Pvt. sector Bank for last 2 years. Now I have been offered an employment in NTPC but I am unable to serve the notice period in Bank (3 months). As per my terms of employment here in Bank a specific terms suggests "The Bank alone, at it discretion, may opt to make/accept payment in lieu of notice period, which will be calculated on the basis of monthly gross salary". Now when I resigned on 8 nov 13 and asked for a relieving on 29 Nov 13, the period that I am able to serve is only 22 days. Bank has denied early relieving and asked me to work till 3 months (i.e. 7 Feb 13). Please suggest me what further course of action should I take to resolve the matter with Bank. If I do not join NTPC on 6 December 2013, the offer will stand lapsed. Please reply soon. I am waiting.
Thanks & Regards Shivank Arora