john-joseph1
I have signed a service Agreement in (300Rs Bond paper) to join a company and work for 2 years. Now I got a better job offer from a different company. Is it legal to not join the company on the Date of Joining (I mean what happens if I signed the agreement and never joined)
From India, Chennai
rkn61
624

If you have received Offer of Appointment from the company and acknowledged receipt of same by signing and returning the duplicate copy to company, you are legally bound to comply with the same.
Service agreement is also a contract between you and the company. If you do not join the company, it will be illegal.
However, you may discuss your plight with the competent authority of the company/HR and
try to find a solution/remedy.

From India, Aizawl
umakanthan53
6016

So far as the bond is concerned, the contract created by it comes into operation only on your joining.
Regarding, acceptance of the offer which stands communicated, you can still rescind it, if you are prepared to face legal action, if any that might be instituted by the offeror.

From India, Salem
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.





Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.