Hi all, I have worked in a company for 1 year now. As I was a fresher, I received a 6-month training from the company. What the company does is ask one of their mid-level employees to give training to us; they do not receive extra payment for that. On the day of joining, they signed a bond where it was written that if I leave the company before 2 years, I have to pay 2.5 lakhs. However, they can terminate me immediately if they want, and that also without any kind of compensation or prior notice.
Legality of One-Sided Bonds in India
Now, I saw somewhere that one-sided bonds are illegal in India. So I wanted to know if I quit the job now, do I have to pay the 2.5 lakhs or just the amount of money the company has spent during the training period?
Legality of One-Sided Bonds in India
Now, I saw somewhere that one-sided bonds are illegal in India. So I wanted to know if I quit the job now, do I have to pay the 2.5 lakhs or just the amount of money the company has spent during the training period?