Dear HR Professionals,
My cousin who is working with an IT company has recently resigned for a valid reason.His surety bond is for 18 months and he has completed just 10 months.As per the contract it is definitely a breach of contract. He has resigned and is now serving his notice period.Would he be liable to pay the entire bond amount for the said period?He has received training for just one month or so.Please advise.
My cousin who is working with an IT company has recently resigned for a valid reason.His surety bond is for 18 months and he has completed just 10 months.As per the contract it is definitely a breach of contract. He has resigned and is now serving his notice period.Would he be liable to pay the entire bond amount for the said period?He has received training for just one month or so.Please advise.