Hello Everyone . I recently got an offer from a good company in hyderabad ( can\'t mention the name ) and it has asked me to sign a \"Bond\" of 2-years on the day of joining . And that too it would be in front of a guarantor ( in my case my brother ) .
While in our PPT (pre placement talk ) they had told us that we have to work with them for a minimum of 2 years . till now they have\'nt shown us the service aggrement but they have provided me the \"Deed of Guarantee \" which mentions the following points :
-->The pursuant to the said agreement dated 16th april 2013 between the Trainee & the comapny , & at the request of the said Trainee the guarantor hereby guarantee & covenant with the company that in the event of the said Trainee not faithfully perforoming his/her duties as the Trainee Employee & thereby causing to the company any loss , the guarantee shall make good they said loss on demand made by the company provided that the liability of the guarantee shall be limited to
While in our PPT (pre placement talk ) they had told us that we have to work with them for a minimum of 2 years . till now they have\'nt shown us the service aggrement but they have provided me the \"Deed of Guarantee \" which mentions the following points :
-->The pursuant to the said agreement dated 16th april 2013 between the Trainee & the comapny , & at the request of the said Trainee the guarantor hereby guarantee & covenant with the company that in the event of the said Trainee not faithfully perforoming his/her duties as the Trainee Employee & thereby causing to the company any loss , the guarantee shall make good they said loss on demand made by the company provided that the liability of the guarantee shall be limited to