Srikanth Raju 21 September 2026

Volunteer resignation

HI EXPERTS. GOOD EVENING:- I AM SRIKANTH- WORKED WITH AN FINANCIAL NBFC FROM 2024 TO JUNE-2026. I WAS ASKED BY MY HR-HEAD AND INFORMED ME ABOUT MY LAST WORKING DAY- THE REASON BEHIND HE STATED IS DUE TO EXCESS MANPOWER AND HIGH COST. MY EX ORGANIZATION ALSO PAID 2 MONTHS OF MY SALARY AND TAKEN OUT FROM THEIR ROLES. ACCORDING TO MY APPOINTMENT ORDER ITSELF ITS MENTIONED 3 MONTHS NOTICE PERIOD FROM EITHER SIDE. I OBSERVED THAT BEHIND THIS PURELY POLICITICS IS INVOLVED N MY SUPERIORS LEVEL . MY CONCERNS ARE:- A.WITHOUT MY PROPOER INFORMATION IN WRITTEN TO ME CAN THEY EXECUTE MY EMPLOYMENT CLOSURE?. B)FROM MYSIDE I HAVE NOT GIVEN ANY WRITTEN OR MAILED INFORMATION REGARDING MY RESIGNATION. C)FROM JUNE-26 TO TILL NOT I AM UNEMPLOYED -ALSO MY AGE IS AROUND 50. PLEASE ADVICE- MAY I PROCEED AGAINST LEGALLY AND DEMAND FOR ANY COMPENSATION? IF YES WHAT ARE ALL THE WAYS TO CLAIM. REGARDS SRIKANTH PS

Reply Follow

Quick Summary

A financial professional was informed of their last working day due to excess manpower, despite a three-month notice period in their appointment letter. They did not submit a written resignation and suspect internal politics played a role. The employee is seeking advice on whether they can pursue legal action for compensation, especially given their age and current unemployment.

3 Replies

P. Venu (Advocate) 21 September 2026

In the absence of voluntary resignation from the employee's part, any type of termination/cessation ought to be through the due process. You can initiate legal action in the given facts.

1 Like

Dr. J C Vashista (Advocate ) 22 September 2026

You may initiate necessary legal action through a local prudent lawyer practicing service matters, action of the company is arbitrary, illegal and invalid.

1 Like