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Employment Bond signed. Dont want to continue. What to do ?


27-Apr-2023 (In Labour & Service Law)
I have signed bond of Rs. 2 lac for 2 yrs 6 months and I joined the company before 20 days and now I don't want to continue my job then i have to pay the bond amount even still I have not received Appointment letter also.
Answers (1)

Answer #1
598 votes
No you are not liable to give the bond amount because the agreement for bond starts whenever you join the service and before joining the job you may have to give the notice to the company for cancellation of bond and release from the contract

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