Full & Final Settlement After Resignation: Can Employers Still Take 45–60 Days?

An employee resigns, serves the notice period, returns the laptop on the last working day and completes the exit process. HR then says: “Your Full and Final Settlement will be processed within 45 to 60 days, subject to IT, Finance and Manager clearance.” A few weeks later, the employee receives the settlement statement. Notice pay is deducted, a joining bonus is recovered, leave encashment is missing, and payment is…