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AnonymousYou are required to pay bond amount as a contractual obligation. As per Contract Act 1872, the present covid condition attracts Force Majecure whereby the contractual obligations are deferred till normalcy is restored. In simple terms, 'Force Majeure' clause is a provision in a contract that exempts a party from performing his contractual obligations which have become impossible or impracticable due to an event or effect which the parties could not have foreseen or controlled. I am attaching a brief article with some supporting judgements of Supreme Court.
I presume you were working in some private bank. Nevertheless the Government of India guidelines are that the employees are not to feel harassed in this period and their employment benefits are to be assured.
I think you can reply to them on the above lines.
From India, Mumbai