I am working in a reputed company in India. I went to Malaysia for training in November 2011 and signed a contractual bond. One of the clauses mentioned is as follows:
“It will be a condition precedent for the grant of the foreign facilities for your assignment abroad that you undertake to remain in the service of the company for a minimum period of two years from the date of return to India. Should you terminate or give cause for termination of your employment for any reason whatsoever within the same period, you undertake to refund Rs. 5 Lacs to the company immediately upon the happening of such termination of your employment."
I have been working with this reputed company for the last 4 years and 5 months. I completed my mechanical engineering and joined this company in July 2008 and have been serving till date. I have been continuously reminding my managers about my salary, but for the last 1.5 years, they have not increased my salary to my satisfaction level. I am getting only 23,000/- in hand per month, which is very low.
“It will be a condition precedent for the grant of the foreign facilities for your assignment abroad that you undertake to remain in the service of the company for a minimum period of two years from the date of return to India. Should you terminate or give cause for termination of your employment for any reason whatsoever within the same period, you undertake to refund Rs. 5 Lacs to the company immediately upon the happening of such termination of your employment."
I have been working with this reputed company for the last 4 years and 5 months. I completed my mechanical engineering and joined this company in July 2008 and have been serving till date. I have been continuously reminding my managers about my salary, but for the last 1.5 years, they have not increased my salary to my satisfaction level. I am getting only 23,000/- in hand per month, which is very low.