Termination Of Employee: Under Section 25F of the Industrial Dispute Act , 1947 it is mandatory on the part of employer to give

one month's notice to the employee while retrenching him from service., and as you stated that they have also mentioned notice period in your appointment letter. If you are within the meaning of employee under ID act go to the local labour authority if not get legal advise from senior to resolve the matter.

Under the circumstances if you denied to pay the legal dues of employees those covered as workman under the ID Act, the dispute definitely will go to the labour court/Conciliation officer for non payment of retrenchment compensation either under 33-c[2] or under sec-15[2] of the payment of wages act. Then you have to face consequences that can be 10 time penalty and re-in statement also can be awarded by labour courts. Because the termination is illegal without paying the legal dues/notice pay within expire of second working day of the termination. . attribution http://www.citehr.com/466366-termination-employee.html#ixzz2ZrpEoiun