I am working in a company for past 2 years. I have signed an agreement with company for 3 years for an amount of 4.50 Lakhs which decreases to 4 lakhs at the end of 1 year , 3.5 lakhs at the end of 2 nd year and finally 0 at the 3rd year.Also my father signed as a surety and the agreement states that in case I fail to pay, my dad has to.
Now, the company promised many benefits, one of which is the employer will gain knowledge and help him further his ambitions. This was actually stated and hence is a promise.
Next the company also promised to train me by sending to foreign which it failed to do so..even though it trained me under chinese engineers.
Also the training period is stated as 2 years max, I ve completed more than 2 years now, still the company hasn't recognised me at all.
Finally the real problem is I was put under Chinese Engineers to get trained ( also specified in the contract). But even after 2 years of training I haven't gained sufficient knowledge to perform any duties independently which is also specified. The company has failed to keep its promises and hence I ve decided that it is impeding my growth and no other choice but to leave.
can i challenge the company that since it failed to keep its promises, the contract will be void and I can leave without paying any money?
In case i ve to pay, how far is my father obliged in case i refuse to pay?
Thanks in advance.
Now, the company promised many benefits, one of which is the employer will gain knowledge and help him further his ambitions. This was actually stated and hence is a promise.
Next the company also promised to train me by sending to foreign which it failed to do so..even though it trained me under chinese engineers.
Also the training period is stated as 2 years max, I ve completed more than 2 years now, still the company hasn't recognised me at all.
Finally the real problem is I was put under Chinese Engineers to get trained ( also specified in the contract). But even after 2 years of training I haven't gained sufficient knowledge to perform any duties independently which is also specified. The company has failed to keep its promises and hence I ve decided that it is impeding my growth and no other choice but to leave.
can i challenge the company that since it failed to keep its promises, the contract will be void and I can leave without paying any money?
In case i ve to pay, how far is my father obliged in case i refuse to pay?
Thanks in advance.