pearl Mathew
software engineer
Dear All,
I recently signed a bond with a company.The bond says I cannot apply to any institute or company while working here.If I wish to then I must give 1 month notice to them and then might apply in that notice period.I want to take CAT this year.How can i deal with this.Also,I have no other option but to take the job as I am not getting any offer from many months and my gap period is increasing.
Please help.
Thanks

From India, Bhopal
nathrao
3050

Insolvency n GST Professional
The bond is not applicable to CAT anyway. No bond can stop anyone from acquiring higher skills in his/her field of choice. Kindly put up the wordings of the bond for other learned members to advice.
From India, Pune
pearl Mathew
software engineer
Thanks Sir,but problem is after taking CAT,I must have to apply to institutes as they(best ones) have deadlines and without admission confirmation how can I resign my job or let them know that I am applying to XYZ institute and take this as notice period.I am also afraid if in case I just pay them the bond amount and resign but then I won't be getting the experience/relieving letter.Also,I don't have the exact wordings of bond right now.But my HR clearly told me that I cannot apply to anywhere without giving notice period,after I asked her before signing the bond.Please advise.
From India, Bhopal
i also have one doubt in bond if the employer not pay the amt so may i can sue the employer pls help me
From United States, San Mateo
Anonymous
8

Senior Executive Vice President - HR & OD
The bond is illegal since it is a violation of fundamental rights and such bonds have been declared illegal by various courts
From Indonesia, Jakarta
rdsyadav
141

Educator, Management Consultant & Trainer under Navtarang HR Services, a famous Consulting Agency.
Dear sir,
You already have signed bond and subsequently decided to appear in CAT and do all those things required for admission with full knowledge that terms of said bond is applicable . Yes , employer will certainly sue you for bond money and damages.
Regds,
RDS Yadav
DIRECTOR,
NAVTARANG HR SERVICES

From India, Delhi
[email protected]
94

Retired Government servant/Advocate
The employer, whatever his standing, needs to abide by the Laws of the Land. They have no licence to dictate like a Khap organisation.
From India, Kochi
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