Whereas the company reserves the right to request service of notice or pay salary in lieu of, your notice period waiver or payment in lieu will be at the sole discretion of the Company, but in no event will be less than the minimum period required by applicable law
Also given below an excerpt from the resignation letter that I had provided.
Would request you to do the needful to arrange for a smooth transition of information(Knowledge Transfer, if and whatever needed), and subsequently release from the company as per norms (hopefully the release date should not be later than 22nd March-23rd March, 2011)
This resignation letter was put forward on 22nd Feb, 2011.
After this, I was released on 23rd Feb without my consent, and it might turn out that I would not get the salary for the notice period, as well as the yearly bonus(which is a huge amount) which I should have got if I was there in the organization till 25th Feb(as that is the salary day). As suggested in one of the previous sections in the mail, I never asked for an earlier release. Its also evident that to deprive me of the bonus might also be a reason for releasing me early.
So, please suggest me on the below topics:-
1. As per the norms, if I understand correctly, they should pay me the proper dues i.e. the salary for the notice period which I was willing to serve. Am I correct?
2. I should also be entitled to receive the bonus (which was supposed to be disbursed on a date within the notice period I had agreed to serve), as the amount had been declared, and they have tactically released me.
Would wait for your response on this. Also please suggest, if I am correct, what am I advised to do going forward, so that I can get what (and if) I deserve.