Hi,
I am working with an IT company. I have signed a bond of 2 years. Due to some personal unavoidable circumstances I have to resign before the completion of bond period. I have placed my resignation letter and I have completed more than a year in the company.
I just want to know what will be the process of Full and Final settlement, do I have to pay the complete bond amount or amount for the remaining months.
Are there any rules for final settlement of amount in case if the employee has to leave early before bond completion.
Please help me out.
I am working with an IT company. I have signed a bond of 2 years. Due to some personal unavoidable circumstances I have to resign before the completion of bond period. I have placed my resignation letter and I have completed more than a year in the company.
I just want to know what will be the process of Full and Final settlement, do I have to pay the complete bond amount or amount for the remaining months.
Are there any rules for final settlement of amount in case if the employee has to leave early before bond completion.
Please help me out.