I have been working as HR in noida for a small size (100 employee) comployee IT company.i have got an offer and want to get early relieving to pursue career ahead, As per my appointment letter " you can resign from the services of the company at any time by giving 4 weeks notice or 10% of annual salary in lieu thereof. However its at sole discretion of the conpany."
i can give max 10 working days notice. Advise a way out.
If can they want 10% so should i give basic+ DA of annual CTC?
If they dont want buy out, should i take legal advise?
or should i take medical leaves for 1 month? if that can be counted as medical leave under notice period?
I also referred uttar pradesh dookan and vanijya adhishthan adhiniyam
page 11
https://uplabour.gov.in/MediaGallery/Uttar%20Pradesh%20Dookan%20Aur%20Vanijya%20,%201962.pdf
screen shot attached
Advise an easy way out