Dear Amit,
Thanks for your information. But in this site only i have seen so many seniors have posted, where in they are of the opnion that bonded labour of any sort is not legally valid. If the employee has undergone any training incurring huge expenses from the employer during the course of employement then the employee who has signed the bond, should compensate the employer suitably and then he is free to move out.(of course he should serve the notice period) Otherwise also, if the employer has incurred very nominal expenses for training, only for personal grooming then also the employe can simply walk away giving after serving the employer the notice period which is mentioned in the offer letter or in bond agrrement.
Seniors kindly correct me please if i am wrong. Because i have only seen in this cite many of the members giving their opinion similar to the above.
Thanks and regards
Gururaj