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Signed a bond for 3 years with a company want to leave now


21-Jan-2023 (In Labour & Service Law)

Hello Sir I am working for a LPG Trading company & got recruited by them with an agreement for a period of 3 years & with a bond value of Rs. 2 Lakhs . Also, company has taken a cheque worth of Rs. 2Lakhs without any date mentioned in it. My current position in company is as a sales executive & I am willing to some other line of work (i.e. in a procurement research analyst firm ) whose line of work is 100% different from my current company. I have completed 17months in the company so far & looking forward to change in the next few weeks. provide your legal advise before resigning from

Answers (1)

Answer #1
231 votes

The advice given to you will necessarily have to be based on the terms of the contract you have entered into with your employer.  

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