Service bond or agreement or contract Dear Seniors A company is having the system of two years bond with their employees who are going to be on payroll. Previously company deputed few personnel abroad for the purpose of training[..] 4 Replies
Leave & employee bond I have queries around two areas 1. Leave Encashment: If an employer is deducting the leave encashment amount per month from the salary of the employee anticipating that the emplyee will have atlest some[..] 1 Replies
Bond for freshers Hi I have problem in my organization. We are into a very niche field wherein finding experienced employees is very difficult. We have started taking freshers & training them. But now the problem[..] 7 Replies
Legal bond To Dear All This is regarding the policy of training & legal bond format whish i required for those employees on whom company invest/spend a lot of money and expected commitement for year.[..] 1 Replies
Legality of bond Hi All Im confused with these issue: How far is it true that a written bond has a legal value in India? What is it meant for? Just to ensure mimimum[..] 2 Replies
Can you please clarify me, whether signing by the employees (experienced) on the stamp paers along with surities to work in a company for certain period is legally acceptable?
You would have to ask if that was correct under Italian law, or Venetian law, at that time. If you are asking about modern law in my state, entering into the contract would not be criminal, but the court would not enforce the contract. Attempting to enforce it by skinning the debtor would be a crime, but entering into the contract would not.