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john-joseph1
I have signed a service Agreement in (300Rs Bond paper) to join a company and work for 2 years. Now I got a better job offer from a different company. Is it legal to not join the company on the Date of Joining (I mean what happens if I signed the agreement and never joined)
From India, Chennai
PROFESSIONALS AND BUSINESSES PARTICIPATING IN DISCUSSION
Umakanthan53
Labour Law & Hr Consultant
Rkn61
Sr. Hr Manager

rkn61
624

If you have received Offer of Appointment from the company and acknowledged receipt of same by signing and returning the duplicate copy to company, you are legally bound to comply with the same.
Service agreement is also a contract between you and the company. If you do not join the company, it will be illegal.
However, you may discuss your plight with the competent authority of the company/HR and
try to find a solution/remedy.

From India, Aizawl
umakanthan53
6016

So far as the bond is concerned, the contract created by it comes into operation only on your joining.
Regarding, acceptance of the offer which stands communicated, you can still rescind it, if you are prepared to face legal action, if any that might be instituted by the offeror.

From India, Salem
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