Leave Policy Please Review - Doc Download

Dear Seniors,
Our company is a small start up software development firm constitute 6 employees.
I attached our current leave policy prevailing.
It needs some modification within our limit.
Please review it and give your valuable suggestions for developing a new one.
Waiting for your valuable and practical thoughts
Regards
Soju

Dear Soju,
You have already placed/ attached this leave policy on on citehr 'Talk to Seniors' forum on dated 17.07.2009 & have received a number of responses by the Ld. HR members but you have not changed a single word what to talk of sentence. When your unit in not taking interest even in changing the illegal points then why are you placing this time & again. If I am wrong you may correct me.
Regards,
R.N.Khola

(Labour Law & Legal Consultants)
09810405361

But Majority were said it is inhuman and not aligning with legal complains.
Need to include half day leave policies. How and when a leave become half day?
Please sugest
Regards
Soju