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Need information regarding bond amount
13-Jun-2023 (In Corporate Law)
Hi Sir/Maam, I have one question which is I have not paid the bond amount for my previous company and they are asking for it which is 1 lac, This amount is too much and I am not able to survive this , Is there something called per month I served the company, on that basis the bond amount get reduced or Is it that bond amount are fixed even if I break the bond by 1 day i.e. I leave the company 1 day before the bond expiration date?
Question: Hi Sir/Maam, I have one question which is I have not paid the bond amount for my previous company and they are asking for it which is 1 lac, This amount is too much and I am not able to survive this , Is there something called per month I served the company, on that basis the bond amount get reduced or Is it that bond amount are fixed even if I break the bond by 1 day i.e. I leave the company 1 day before the bond expiration date?
Ans: such bond is not valid except the actual money they have spent you on your training.
Ans: such bond is not valid except the actual money they have spent you on your training.
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Adv. Sadanand Naik
Bangalore | 200+ Answers
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