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"Severance Pay"  law for IT COMPANY in India?

"Severance Pay"  law for IT COMPANY in India?
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"Severance Pay"  is not about how may years employe serviced in the company?
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Offline Sunil911

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"Severance Pay" law for IT COMPANY in India?
« on: April 02, 2015, 01:33:52 AM »
I was working in IT Company and my company lay-offed few resources and not all at same time, between 2 to 3 months gap. one day my manager's (Technical and HR)  called me and told, there is no project in our company for your skill set,so you   resign today itself, we will give you 2 months salary and third month you will receive final settlement amount what all are pending leaves ,bonus's (Loyalty and Variable) and severance pay. So,They forced me to resign and i resigned, then next few minutes my Official email id and Access card are blocked.i didn't take copy of my resigned email and what are they committed. 

what they told above 2 months salary i got it and third month i got some amount ONLY pending leaves and bonus's (Loyalty and Variable) NOT severance pay.when i ask HR manager, they are saying two salary what we gave that is SEVERANCE PAY. It this correct as per IT Company about "severance pay" law??. please advise me.Thanks in Advance.

 

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