Termination Of Services By Giving Compensation 581 Legal Draft Template
| Category | Service And Establishment Forms |
| Format | Rich Text |
| File name | Termination of Services by giving Compensation-581.rtf |
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Industry-standard template for reference. Adapt it with DraftPilot (AI copilot), compare clause-by-clause in our comparison workspace, or download and edit offline. Consult a qualified advocate before filing or execution.
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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.