Dear All
There are lot of posts on breaking the Bond and Service Bond .
Freshers who join the Corporates need not hesitate to sign a genuine Training Bond after seeing the amount provided the Corporate is genuinely going to provide Training by sending the person overseas and not within the Country.The legality is questionable if it is just a sham document when no real training by sending the person overseas is done .
Therefore exercise of caution before signing is advised rather than to regret later and seek to escape from its clutches.For the Employer it is a tool to retain talent and for the employee a real "hand -cuff".
With Regards
Mobile : 9025792684.
There are lot of posts on breaking the Bond and Service Bond .
Freshers who join the Corporates need not hesitate to sign a genuine Training Bond after seeing the amount provided the Corporate is genuinely going to provide Training by sending the person overseas and not within the Country.The legality is questionable if it is just a sham document when no real training by sending the person overseas is done .
Service Bond is a tricky thing as it can be construed as an unlawful infringement of the Freedom to practice any profession or to carry on any occupation, trade or business guaranteed under the Constitution of India .The legality is questionable .
Therefore exercise of caution before signing is advised rather than to regret later and seek to escape from its clutches.For the Employer it is a tool to retain talent and for the employee a real "hand -cuff".
With Regards
Mobile : 9025792684.