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copy of employment bond recquired to keep intact the employees and other legal formalities to be observed to ensure that bond is valid and enforceable. please help as this is very urgent to me . email id :
From India, Amritsar
Hello Sachin,
This information was really awesome on bonded labour act even i need some more help from your end.act you help to get the government document or any article which is consider as valid proof.
you can send that information to my mail ID ([email protected]) sushilkumar.734611atgmaildotcom so please help me out. on the same that would me great pleasure to me.
Regards
Sushil Kumar.

From India, Bangalore
I have signed an employment bond with an IT company for one year for Rs one lakh. The company had arranged a group training. The company got the bond signed before imparting on the job training. I have served the company for five months; one month before the training and four months after the training. Now. I want to leave this company. Pl advise whether this bond is legal and what action the company can take against me? What are the consequences of the bond.
Thanx in advance.
shail

From India, New Delhi
This appears still very doubt ful and not free from confusion..
1. What will happen if an agreement says that employee can not resign, leave or otherwise, the company for a perios of 2 year from the date of agreement and in case if do so will be abreach of agreement and employee will have to pay 2.50 lacs as compensation and bond amount. Further there will be a penalty for breach of contract of 10.00 lacs.
Is such a clause Valid..?????
pl revert back
Thnxx

From India, Bhopal
@Sachin

Hi

I joined a company in hyd and i work from mumbai.

My boss interviewd me for a marketing position based on my resume and he did not mention anything about what will be my current role in the department, assuming it will be the same. In short im cheated as my career intrest and goal are the ones which i had experience from and they did not say that it will be all about going on field and talking to people and do direct marketing, in short its cheating right?

Now the work is all different then what he interviewd me for, they took my tenth certificate, which i dnt care

but i want to leave this company., i dnt seek any reliving letter or anything as i just joined n i can leave but the problem is that i signed a service agreement in which there is no mention of company incurring any kind of cost for me or any training cost. but mentions rs. 1 lakh as liquidated charges, it has normal clauses and ARBITRATION CLAUSE... it states that

"all disputes arising under, in connection with and in relation to this agreement shall be resloved by way of arbitration under arbitration and conciliation act 1996, through a sole arbirator appointed by the company. the award passed by the arbitrator shall be binding on the parties therto.

the venue of arbirtration will be hyd and the courts of hyd shall have the exclusive jurisdiction"

MY QUESTION IS... ARBITRATOR CAN BE BIASED AND I WILL NOT GET TO PUT MY CASE FORWARD...

WHAT CAN I DO? IS THIS ALLOWED TO DO IN SERVICE BOND AGREEMENT? PLZ KINDLY HELP

From India, Mumbai
Dear Having signed a service agreement do you have a copy. With Regards E-mail : Mobile : 9025792684
From India, Bangalore
Dear
In the posts we find that the employee does not have a copy of the Bond.This is an unfair labor practice .Please insist for a copy of it .This is your right and do not regret later.
With Regards
Advocates & Notaries & Legal Consultants[HR]
E-mail : [email protected],net,
Mobile : 9025792684.
.

From India, Bangalore
Thank you very very much, i was in big dilemma what to do? Now your advice will surely help me out. once again thank you very much for your precious advice.
From India, New Delhi
Hi!
My niece joined an Indian mid level IT company of repute, which made her sign a indemnity bond of Rs 1.0 lakhs requiring her to complete 3 months training and serving 2 years in the company from date of initial joining.
She has served for 10 months but finds the working conditions unsecure and absence of systems followed by other IT solution which ensure safe passage for women employees. This is putting her under great mental stress.She wants to resign though she has no job on hand.In such case of resignation, can the IT company enforce the bond.
The bond does not have any obligation on the part of the company towards the employees.
Kindly enlighten.
Regards

From India, Dehra Dun
Hello everyone I'm a fresher and Joined a Japanese co. as IT consultant at the time of joining I was singed Bond of 18m but now I'm suffering from some health problems and also not satisfied with job so i want to quite that job.so How can I exit(Quite) from that bond plz help me.and leave that company????????? what will happen if i abscond from that co.? Please guide me plz plz plz...........
Waiting for your replies

From India, Pune

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