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Bond break
2 years ago
I am working in company who have 3 year Bond of 2 lakh rupee. I complete 1 year in this compnay . I want to quit this job any want to join another company. they give panalty of bond money
BANDARU RAJYA LAKSHMI
Responded 2 years ago
A.Dear client,
When you executed a bond you have to obey the terms and conditions of the agreement or bond. If they ask to pay the money for terminating the bond it is better to pay them. If not they will take legal action against you.
If my suggestion is helpful to you pls rate me
When you executed a bond you have to obey the terms and conditions of the agreement or bond. If they ask to pay the money for terminating the bond it is better to pay them. If not they will take legal action against you.
If my suggestion is helpful to you pls rate me
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A.hello
Sorry to inform but you have to pay the bond in order to leave the job. But you have a option to negotiate for the bond amount through a lawyer.
Thanks
Sorry to inform but you have to pay the bond in order to leave the job. But you have a option to negotiate for the bond amount through a lawyer.
Thanks
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Ayantika Mondal @ Prime Legal
Responded 2 years ago
A.Hello Sir,
This bond is ethically and morally wrong but legally it's correct to have such bond. So option you have it to pay the bond and leave the job or not pay the bond. But you can negotiate for the bond amount.
Please rate if you find this helpful.
This bond is ethically and morally wrong but legally it's correct to have such bond. So option you have it to pay the bond and leave the job or not pay the bond. But you can negotiate for the bond amount.
Please rate if you find this helpful.
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A.Dear Sir,
It is illegal to have such bonds. They cannot go to Court on such bond and if filed a suit then it will take 3 to 5 years.
It is illegal to have such bonds. They cannot go to Court on such bond and if filed a suit then it will take 3 to 5 years.
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A.In that case the company will ask you to pay the bond money and you will have to pay the bond money. If you fail to pay then they shall initiate legal action against you. Its your choice how you want to handle this and respond to them.
Consult a lawyer, show the bond agreement and the letter issues by them to you and then let the lawyer guide you on how to counter that.
Consult a lawyer, show the bond agreement and the letter issues by them to you and then let the lawyer guide you on how to counter that.
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