Termination Of Services By Giving Compensation 581 - Legal Draft
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Termination of Services by giving Compensation
Date.....:..........
To,
Mr. .....................
.................................
The Company has decided to terminate your services. An amount of Rs.............. is sent herewith by cheque No............. drawn on ................. bank in your favour for terminating your service with effect from ..........(Date) in full and final settlement of all your dues and compensation for such termination and notice pay for ............ days. A duly typed and stamped receipt is also enclosed herewith which after signature may be returned to the Company in lieu of acceptance of the above.
Mr. .....................
.................................
The Company has decided to terminate your services. An amount of Rs.............. is sent herewith by cheque No............. drawn on ................. bank in your favour for terminating your service with effect from ..........(Date) in full and final settlement of all your dues and compensation for such termination and notice pay for ............ days. A duly typed and stamped receipt is also enclosed herewith which after signature may be returned to the Company in lieu of acceptance of the above.
CHIEF MANAGER