Hi All, i need some help in understanding the notice period clause. I have resigned from my current organisation on 7th July & i have asked for relieving me by 31st July. my notice period when i joined was 1 month & i have signed on the same but later an organisation circular was floated which says that notice period in my grade is 2 months now. Other things mentioned in the circular are as follows - " The company alone has the discretion of allowing early release of employee. Any decision of waving off or extension of notice period would be taken by functional head equivalent to a General Manager or above and respective HR. acceptance of an early release request will however make the existing employee liable to recovery of his unserved notice period total fix pay in lieu thereof" I am ready to pay for my notice period but my functional head is not ready to release me before 20th Aug & my new company wants me on board by 1st Aug. What will happen if i leave my current company without serving the notice period ?