My name is Ramanjaneyulu I'm working in a Startup pharmaceutical company I have to sign a bond for 1 lakh And submitting my original documents for 2 years bond period. After 1-year service without intimation, not attending duties for 15 days. At the time company Hr without a warning letter or call to me asked for the 3 monthly gross salaries for the original documents and service certificates.
2 conditions are there
1.Break the bond 1 lakh pay
2.3 months salary are 3 months notice period
I have experience in another company. The current company didn't provide me anything kind of training at the time of joining. No training was provided. But now Asking for 3 month's gross salary. I'm telling you that I work the Entire bond period but we Ask money only
From India
2 conditions are there
1.Break the bond 1 lakh pay
2.3 months salary are 3 months notice period
I have experience in another company. The current company didn't provide me anything kind of training at the time of joining. No training was provided. But now Asking for 3 month's gross salary. I'm telling you that I work the Entire bond period but we Ask money only
From India
It is not clear, what is the issue you are raising? However, it appears that you want to question the employer's response on insisting payment for the notice period rather than serving them. The notice period clause has to be considered to analyse your obligation. As a matter of general principle, you need to insist and reply to them stating your readiness to serve the notice period in full, if you are so inclined. As regards the bond, the principle is that there has to be a proportionate reduction in the bond amount for the period served by you. Indeed the notice period and bond service go concurrently, so even if you have to pay for the notice period the bond amount has to accordingly come down by including three more months of service
From India, Mumbai
1196From India, Mumbai
Their demand for bond amount illegal. Since you have not gained any training, they cannot demand it. Moreover, keeping your original certificates and asking an amount to release them is illegal. It is okay, they can deduct 15 days' salary for the period you remained on leave without notice but they cannot demand bond amount. You can move to court for getting your certificates back
From India, Kannur
From India, Kannur
Commercial Training Packages.pdf
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