Hi all, I have resigned on-site and I can't serve the full 90 days. There is a service agreement and also a deputation agreement that was signed. I have another offer which I have accepted and have to join soon. I tried to reason with the management, but they insist I serve 90 days back in India. The service agreement states a 50k fine and also arbitration for other damages. What can I do in this case?
Options to Consider
1) If I drop them an email saying I will not come to work from a specific date and have submitted my company card and laptop. I don't possess any other material. Also, there is no exclusive knowledge that only I have.
2) If I drop them an email saying I will not come to work from a specific date and have submitted my company card and laptop. I don't possess any other material. Also, there is no exclusive knowledge that only I have. Additionally, I am willing to buy out the rest of the required period.
Questions on Transition
Can I join another company after this? Or do I have to wait a certain time before joining it? How can I ensure a full and final settlement? Also, what will happen to the relieving letter?
Note: Legal status to work and stay is compliant in the country.
Options to Consider
1) If I drop them an email saying I will not come to work from a specific date and have submitted my company card and laptop. I don't possess any other material. Also, there is no exclusive knowledge that only I have.
2) If I drop them an email saying I will not come to work from a specific date and have submitted my company card and laptop. I don't possess any other material. Also, there is no exclusive knowledge that only I have. Additionally, I am willing to buy out the rest of the required period.
Questions on Transition
Can I join another company after this? Or do I have to wait a certain time before joining it? How can I ensure a full and final settlement? Also, what will happen to the relieving letter?
Note: Legal status to work and stay is compliant in the country.