Whether is it mentioned in the BOB appointment letter as below points in clauses.
Check the termination clause in the appointment letter .
The details of the clauses in Appointment Letter pertaining to resignation are as follows:
The appointment letter says "It is also understood and agreed upon confirmation of your services:
(i) The employment may be terminated by either party without assigning any reason by giving the other party three months notice or pay in lieu thereof
(ii) Notwithstanding anything to the contrary contained herein, misconduct on the part your part will entitle us to terminate your services without any notice or pay in lieu thereof"
(iii) "You shall be bound by the Company\'s Service rules and regulations as applicable to senior members of staff, save the terms and conditions explicitly specified in the contract of service, including any other rules and regulations that are in force from time to time."
Service regulations say that it is the discretion of the company whether or not to accept notice pay.
In essence they can ask us to serve the complete notice period by rejecting the offer by employee to pay for shortfall in notice.