The management may terminate the service of an employee with immediate effect by serving a written notice to him/ her under the following circumstances, if:
a) The post on which the employee was designated no longer exists in the company due to business exigencies
b) The employee is declared unfit on medical grounds to continue his/ her services
c) The employee remains absent from his/ her duty for more than 7 days without any intimation/ getting the leave sanctioned from his/ her supervisor
In the case of a) & b) above, the services shall be terminated after giving applicable notice period to the employee or compensation in lieu thereof.
In case of c) above, the services of the employee shall be terminated without any notice period considering willfully abandoning the services of the company.