Some days back I had resigned from my post Asst sales manager in Chinese subsidiary company due to non ethical behavior of Indian management. They were forcing me to sign a bond that “I can't do job or business in the same field for at least 2 years”, but I refused to sign any type of bond. Before some days back they called me again and told me that “I can do any job or business but I can’t sell their company brand material”. Sir actually there is lots of trader in the Indian market who is importing and selling the same company brand material and my bosses knows these things very well. But they are not allowing me to do this because they knows very well if I will sell their company brand material by purchase through another trader then they will lose their business. That’s the reason they are forcing me to sign a bond. I want to know there is any rule or law that after resignation I can’t sell the company material by purchasing through other source in the market. I have my appointment letter but they have not mention this type of clause there that I have to sign such type of bond after resignation Sir please help me and suggest me this is compulsory to sign such type of bond after resignation because they are telling me if I will refuse to sign the bond they will not clear my gratuity and PF amount.
12th April 2018 From India
Explain to them that they will be benefited by you selling their product's and your loyal to them. Try to sort this issue for your pf and gratuity, no employee can hold your gratuity and PF. Don't sign any bond no company can force you to sign a bond
13th April 2018 From India, Chennai
Add Reply Start A New Discussion

Cite.Co - is a repository of information created by your industry peers and experienced seniors. Register Here and help by adding your inputs to this topic/query page.
Prime Sponsor: TALENTEDGE - Certification Courses for career growth from top institutes like IIM / XLRI direct to device (online digital learning)

About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2019 Cite.Co™