Full And Final Settlement: What Organizations Must Get Right

Full and Final ("F&F") settlement is a crucial step in formalising the closure of an employer-employee relationship in India as this process includes a list of statutory obligations that an organisation must fulfil. Managing F&F settlements requires careful consideration of both central and state specific legislations. Several organisation have standard processes in place to handle F&F settlements, however, most of them do not meet the legal requirement leading to complicated employee transitions.

Through this article, we aim to highlight the importance of statutory requirements related to F&F settlements in India through a recent judicial precedent

Recent Judicial Precedent