Dear All!!
One of my friend working in an IT company, recently he had appeared in a interview in a new company.
He selected in the interview but he asked to sign the BOND for a period of 1.5 yrs.,
according to that bond, if he leaves the job before 1.5 yrs he will has to pay the 1.5 lacs rupees.
The package is good, he don't want to loose the opportunity.
If he leaves the job before the said period , would he be legally bounded to pay the money to the company?
Please suggest me.
Fahim Khan
One of my friend working in an IT company, recently he had appeared in a interview in a new company.
He selected in the interview but he asked to sign the BOND for a period of 1.5 yrs.,
according to that bond, if he leaves the job before 1.5 yrs he will has to pay the 1.5 lacs rupees.
The package is good, he don't want to loose the opportunity.
If he leaves the job before the said period , would he be legally bounded to pay the money to the company?
Please suggest me.
Fahim Khan