We cannot make an organisation a 'Dharmashala' where people can come and go at their whims. You have joined the organisation and worked for some time (how long??) but did not sign the appointment order. By accepting the appointment order and working for some period, you have impliedly accepted the terms and conditions which were conveyed to you but was not objected you. Unless you comply with the requirement, this will remain a black spot and in case of background verification and this fact comes up, you will have to bear the consequences. Hence to take a technical plea that since since you had not expressly accepted the terms and conditions, you are not bound by it, is to say the least is unethical and not moral. It is always better to serve the notice period instead of taking refuge under some technical plea.