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Non payment of Full & final settlement and service certificate
17-May-2023 (In Corporate Law)
Hi,
I was Joined an MNC in April 2017. My tenure of working there was 13/04/2017 to 8/03/2019. When i joined, i had signed a service agreement for two year bond and in case if i left the job earlier i need to pay the bond amount rs.1,50,000. Now company has sent me a Full & final settlement notice in which they demand to pay the amount. Also they have hold my 60 day notice period salary and my service certificate.
FYI bond signed was one sided and i need to quit the job due to my severe health issues which started occuring during the working tenure due to unbalanced routine of work.
Query perused. I would advise you to engage a lawyer and issue a legal notice seeking withdrawal of bond amount plus release of notice pay. For further consultancy and legal services you may contact us.
Helpful?
Adv. Anubhav Kathuria
Delhi | 500+ Answers
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First and foremost You must clarify that whether you want to leave your job or your company is terminating you from the services.It is important to understand that Your legal position Can only be evaluated only after Going through the terms And conditions of agreement. Although your employer can not hold your emolument.
Helpful?
Adv. Naman Gupta
Delhi | 200+ Answers
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