Leave encashment

Leave encashment rule of the company has to be perused before forming an opinion and oblige.

However, central civil services rules provide for accumulation of leave of 300 days for encashment 

Thanks Vashista sir for reply.

It is a private limited company and central civil service rule are for public servent or govt employee. Is this rule apply to private limited company or not. 

Also, is pvt Ltd company policy prevail over and any section or ruling for pvt ltd employee will be helpful.

The leave encashment policy differs from company to company, and the rules vary. Some companies usually pay for the leaves taken, or some adjust them in the next calendar year. However, the amount of unavailed leaves and bonuses must be settled by the 7th or 10th of the following month after resignation, according to the 1948 Factories Act.