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Yes you can
There is a govt rule where u can leverage your leave encashment with respect to notice period.
Company policy 90 days notice period
I have 30 earned leaves.
I can say, I don't want these leave encashments, so please adjust my notice period against it. So the notice period is 60 days here.
Another case.
Buyout. If you are a super dooper developer and client or the offering company want you badly at any cost. They will come up and pay some due amount to infy and buy you out.
Depends on manager,
If you are on project, find a replacement for you and convence the manager. Try to be on bench. That will be more easy to get early release.