No Tags Found!


ayushib
2

Hi all, i would like to get a format of Bond which can be signed by the candidate before taking up the employment, I would also like to know if this is legally enforciable warm regards, AB
From India, Delhi
Amitmhrm
496

Dear AB, Find enclosed one of the sample Bond letter.. hope it will help you to draft the same.. Regards, Amit Seth.
From India, Ahmadabad
Attached Files (Download Requires Membership)
File Type: doc agreement_191.doc (36.5 KB, 4415 views)

Amitmhrm
496

Hi..
Obviously if you get it done stamp paper, then definitely it will have value..
Because, if the pro and cons is clearly written in the document and one has given his approval then he must be abide with those rules..
Regards,
Amit Seth.

From India, Ahmadabad
guru1967
5

Dear Amit,
Thanks for your information. But in this site only i have seen so many seniors have posted, where in they are of the opnion that bonded labour of any sort is not legally valid. If the employee has undergone any training incurring huge expenses from the employer during the course of employement then the employee who has signed the bond, should compensate the employer suitably and then he is free to move out.(of course he should serve the notice period) Otherwise also, if the employer has incurred very nominal expenses for training, only for personal grooming then also the employe can simply walk away giving after serving the employer the notice period which is mentioned in the offer letter or in bond agrrement.
Seniors kindly correct me please if i am wrong. Because i have only seen in this cite many of the members giving their opinion similar to the above.
Thanks and regards
Gururaj

From India, Bangalore
rajsawster
13

Thanks Mr.Guru 1967 for correct answer and enlightening our fraternity.
Because I have seen many misleading opinions being aired repeatedly and this is misunderstood concept. Iknwo during 60's and 70's such practises were in existance but never prevail in any courts. No incident we can quote that supreme court has upheld such agreements, never at least in 20 years.
I vouch that you are absolutely right in stating until and unless anything which cause irrecoverable damage to the employer's business employees are free to throw such bonds into garbage any time.
You are legally correct. No such agreement stand in the court of law because if employee is offered better service conditions he has fundamental right to leave the services for better option without causing injury to previous employer. Employment is subject which can always be dispensable.
Regards
Sawant

From Saudi Arabia
pca
1444

Dear friends,
Pl go through article attached to the following post for legality of the bonds:
https://www.citehr.com/30808-bond-legal-india.html
Regards,

From India, Malappuram
Rashdan
Hi Guys,
My company would like to sponsor one of candidate for Lecturer position to continue her Master. Can I include her sponsorship in between of her employment letter or should I do separate letter for this sponsorship? Appreciate if anybody can give me the format of this letter or point that I should include for her (ie: duration of employment or full payment of total cost of sponsorship if incomplete the employment).
Thank you.
Rashdan

From Malaysia, Kuala Lumpur
niruti.tmscl
Hi Amit, can you please send me the formate as we have urgent requirement for that. We send some candidate abroad for 6 month, they are not our employee. We hire them for only 6 month. Niruti
From India, Delhi
samsam.nikki
1

Hi all,
This is nikki,two weeks back i joined in a job in software company by signing 3 yrs of bond.in that it specified that i should work for 3 yrs there.if i beach the bond i should pay 1.5 lac amount else they would file case on me in court.now i got good job in MNC.i wanna join ther. if i quit this job ll they file case on me in court.i am just fearing about that.can anyone tel me the solution.wheather employement bond is legal.will it work on court..pls guyz do help me.i signed in twenty rupees bond paper.
Thanks
Nikki sam

From India, Madras
mishrajg
7

To put it in simple words :
What is restricted by Constitution cannot be allowed by Law.
Any contract which encroaches the Constitutional right is void/ Voidbale, Bond Or Bondage is encroachment of constitutional right of Employment.
Bonds do not hold any good, unless for a commonsense that the Employer is right if he is making a contract because he has spent a large sum of money for providing you a specialised Training or had sent you abroad for getting a specialsed training / Know how.
Bonds are not enforceable in India.

From India, Mumbai
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.






Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.