I gave a bond to my previous company for 3 years it includes not to join any other competitor company for three years. After completion of 4 years I gave a proper resignation and left the company. But the thing is I didn't receive either proper appointment letter or relieving letter from the company till the date. After a lots of conversation on phone they send an mail for full and finalize amount. They release my payment when I gave a 50/- bond paper which declare not to join another company for two years i,e which already I agreed and signed on bond. Is it legal to give a bond paper to the company. (In that case already they have my signed bond) and even I didn't receive a proper document from the company?? Kindly let me know what to take action ??
17th March 2016 From India, Chennai
Dear Vijay,
You can go thru the article mentioned in link provided.
Manupatra Articles
17th March 2016 From India, Delhi
This might also help you
Non Compete Clauses and The Indian Contract Act, 1972
17th March 2016 From India, Delhi
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