I have resigned from J.En. in a state PSU on 6.2.2014 and joined in same state government as a lecturer on 12.2.2014.
My previous job have a bond condition , according to which I cannot left the company before completion of 3 years , otherwise me or my guarenter have to pay 1.5 lac.
Now that company is warning me by notices that they will take legal action against me ....

From India, Jaipur
Bharat Gera
Principal Hr Consultant
Labour Law Advocate
Founder And Mentor @ Ethical Business Strategists
+1 Other

Any bond to restrict/ bind an employee is illegal. A company through bond can recover the amount spent on you for providing you any particular training, if any and nothing more.
However, since the company has already sent you legal notice, it is advisable to duly reply to that notice yourself or through your lawyer. Don't sit idle.

From India, Kolkata
There seems to be an error either in the DOJ or DOR, that you may like to correct in your post. From the content of your post, it's assumed that there was no unilateral arrangement between you and the PSU, linked to the offer made to you. By signing it at the time of joining you became a party to a legally binding contract, so it would be tenable in the court of law. Please consult an attorney, with all your documents. Best wishes!
From India, New Delhi
thanks to you all ....... is it any danger on my current job
From India, Jaipur
Dear Sir/Ma’am, I have a query. How to mention about service bond clause in appointment letter(like a special clause)? Thanks Aditi Upadhyay
From India, undefined
There is no danger to your current job, but, you will have to discharge the bond by making payment as Government function is a Sovereign function its different then normal functioning of private company.
This opinion is based on the facts provided by you above.

From India, Thane
Mr. Verma, Please make a written disclosure to your employer and make sure that their is no HR policy that could impact your employment at a later stage. Best wishes!
From India, New Delhi
Law does not treat separately whether it is a private ,psu or government sector.There is no precedent where court has awarded or impose fine or punishment for breaking service bond agreement unless it is resulted for pecuniary loss or affected the goodwill of the company.But cost incurred if any imparting on training of the employee is recoverable and can be entertained by the law.
You are advice to reply to the notice through a attorney to avoid any future complication.

From India

If you are knowledgeable about any fact, resource or experience related to this topic - please add your views.

Add Reply → Start New →

About Us Advertise Contact Us Testimonials
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2022 CiteHRŽ

All Material Copyright And Trademarks Posted Held By Respective Owners.
Panel Selection For Threads Are Automated - Members Notified Via CiteMailer Server