What capacity did you serve the company?
Please post the bond on the forum (with personal details masked) to read and then comment.
As long as you are not divulging trade secrets of your ex employer,there may not be a problem.
But members an comment only if more details are given-wording of the bond,nature of present work etc.
26th May 2016 From India, Pune
Forcing you to resign is illegal and you can take legal actions. If there is lack of job or financial crunch, then your company can remove you from your service through the method of retrenchment and in that case you are entitled to retrenchment compensation.
Lastly, no employer can stop you from joining a competitor company even through a bond as per Supreme Court. I have a specific blog post on this issue - https://labourlawhub.com/2016/02/19/...ts-competitor/
Check my blog at www.labourlawhub.com
26th May 2016 From India, Kolkata
27th May 2016 From India, Mumbai