Is employee bond valid as per the labour laws in India? - CiteHR
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dear friends,
I have joined a company which is planning for an institution and worked for four months without a written agreement.
They have paid me for four months and in the fifth month gave me a back dated training agreement for 6 months commencing from February 2012, which asking me to be liable to pay an equivalent amount to my salary for 6 months if resigned within the period of agreement (6 months.)
The letter does not include any information regarding ,responsibility,working hours,duties, evaluation, confirmation of service and it says that I will be trained by a trainer for 6 months and if I would have been absorbed to the cadre ,should work for 4 yrs.
And also it indicates I am entitled to annual leave?????? . but the agreement is for 6 months??
What should I do?
Accept or not to???????????

Agreement in restrain of trade or profession is void as per the provisions of the Contract Act. Moreover , it is a violation of Article 19 of our Constitution.Further,the employer cannot recover anything more than the actual reasonable loss suffered by it in case of breach of the Bond.In case of transfer of an employee from one PSU to another through proper channel,relevant DPE Guidelines in this regard becomes applicable.
Dear All,
I am working for a biotech company. I have given a service bond of 5 years. If I break the bond I need to pay 10 lakhs to the company. They sent me aborad twice and invested hardly 2.5 Lakh rupees on my training. I have worked 2.5 years already and excuted all the techniques what ever I have learnt in my training. But now the problem is company is asking me to work with human pathogenic organisms (Such as HPV, HCV, HBV, HIV etc.) without any proper safety measures. I already doubt that I got a latent tb due to working with mycobacterium tuberculosis without proper safety measures. I desparately need to quit this job and join for an another company. Please tell me whether my service bond is valid?
Thanks in advance to all who ever replying to me on this!!

Dear all,
I mahendra, working in well reputed organization.
I have an issue with employer.
1- they provide me one year training for free.
2. Now , they ask me to as a permanent employee and further ask me sign a Bond of 288000/- for two year of contract.
My issue is- 1 . are they have authority to make bond in this conditions.
2- if they have what should be minimum salary.
3- how much % of sala

Hai
I have signed a bond of 6months in a call center. But due to health issue I need to resign from there. But they are asking to pay 2months salary as penalty since I have worked for only 3 months.Is there a way to resign without paying penalty.

Hello ,recently my company sent me UK for 2month
Now at uk my client offer me job position and i accepted timmediately now when i back to india i resigned from my post and respondingto this my company sent me email to pay all my uk allowances to them then only they will provides me relieving letter and according them we have separation policy and thers is clauses that if employee is on international assignment then as soon as he backs hes base location then he have to pay cost of investment (minimum charges of visa)and other allowances
Is it means i have to pay all my uk money?
I earned total 3000GBP and they demanding to pay back 4130GBP including my airfare,insurance, my daily basis allowances.
I dont know what to do now 4130 GBP is big amount for me
Please help me out and suggest me what is the exact law of bond break

Hello ,recently my company sent me UK for 2month
Now at uk my client offer me job position and i accepted timmediately now when i back to india i resigned from my post and respondingto this my company sent me email to pay all my uk allowances to them then only they will provides me relieving letter and according them we have separation policy and thers is clauses that if employee is on international assignment then as soon as he backs hes base location then he have to pay cost of investment (minimum charges of visa)and other allowances
Is it means i have to pay all my uk money?
I earned total 3000GBP and they demanding to pay back 4130GBP including my airfare,insurance, my daily basis allowances.
I dont know what to do now 4130 GBP is big amount for me
Please help me out and suggest me what is the exact law of bond break

My relative had been working in a company for 4+ years..he has recently left the company after serving 2 months of notice period. However, his 2.5 months of salary and PF is still pending with the company. And, after he has left the company for almost a month..his previous employer is asking him to sign a bond that he'll not work with any company or do any business which is similar to his previous company. Can somebody please advise on this? It will be of great help....
Hi,
I have sign Service Agreement for 2 years(Not a Bond). Now I want to resign company before 2 year and company want me to pay my 1 year salary if i want to leave company. There is nothing written like this in my Agreement.
Following 2 points in agreement I want to discuss with you guys. Please Help me out.

1.Termination
- Without prejudice to any clause, this employment of the "Conformed employee" may be terminated at any time by Either party by giving two months of notice in writing or basic salary in lieu thereof as lieu thereof as liquidated damages.

2. Company discussion on termination of employment to be final and binding on the applicant:
- The company discussion as to the termination of employment shall be final and legally binding on the applicant and he shall not be entitled to questions or challenge the same on any ground whatsoever in any court of law.

As per the above points I am a conform employee and I can terminate myself from the company at any time.
And now they are saying that "Only company company have right to Terminate".

Please help me out.

I suggest that you consult with a lawyer and take his legal opinion on this employment matter from www.Zippserv.com. They offer these service and employment related legal consultation services which can be availed at http://zippserv.com
In case you want to send or reply to a legal notice from your employer Zippserv also offers it Legal Notice (https://www.zippserv.com/personal-legal/legal-notice.html)
Hope this is useful!


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