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Signed bond for 2 years how can I leave the company
04-Jul-2023 (In Labour & Service Law)
I have signed 2 years one sided bond in an IT company . compensation amount is 2 lakh + 25 % interest. as company stated that they are paying 20000 per month on our training. company trained us only for 20 days and asked to go live on work. now i need to leave the job . i have joined 2 months before . please advice .
As per the recent development in law made by the Supreme Court and various High Courts, such bonds are lopsided and are not legal and enforceable under law.
You can send a legal notice to the company for asking for your dues.
If the company takes any legal action against you to ask for the bond amount, you must contest it in the court of law as the enforcement of these employment bonds is not maintainable under law.
You can send a legal notice to the company for asking for your dues.
If the company takes any legal action against you to ask for the bond amount, you must contest it in the court of law as the enforcement of these employment bonds is not maintainable under law.
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Adv. Siddhant Sharma
Delhi | 200+ Answers
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