Hi I have signed an appointment letter with company X. Along with this company I had another offer with company Y. The company X didn\'t give me an offer letter and gave me 5 mins time to sign the appointment letter. It didn\'t get the witness signed in front of me. When I asked they said they will get it signed by their employees afterwards. There was section in the appointment letter stating that i need to pay 3 months salary if i don\'t join by the committed date which is 75 days from the date of signing this letter. The one who referred me to this company X had given me a good feedback. When I asked the HR on employee lay offs and bonds that i need to sign after joining the company, they said no lay offs and no bonds are required. To my utter surprise I heard few interesting things about the company from ex-employee before 15 days of joining. He said there were 6 employees laid off in the past 2 years and the employee needs to sign a bond of 2 years initial for the training he was