PAYMENT CONFLICT FOR INCOME SHARE AGREEMENT
2 years ago
Hi,
I want to ask about Income share agreement, i joined some course the course around march of 2020 and its a 6 month course and they said that they will give 100% placement when the course is done and have to pay the fees after securing the the package of 6 and above verbally, but after 11 months i did not have a job and i started looking for the job own my own and got the job by my own skills and not the skills that they teach me or guarantee that i will have a job with these skills. After joining the company they asked me the amount to pay to them and i read the agreement and saw that it doesn't specify the terms of payment for the "obligator" in case he/she secures a job on their own. This is the reason for the conflict should i have to pay to them and what are legal actions can be taken in this case
You are not liable to pay any amount to them as you have got the job on your own and not the job through them. Also contact a lawyer in case they send you a legal notice. Further information could be provided after getting through the agreement.
Thanks
Please rate if you find this advice helpful.
Ayantika Mondal @ Prime Legal
Responded 2 years ago
You don't need to pay them anything. If you get the job through them then then could ask for money otheriwise not. You got the job on your own not through them. You are not liable to pay them anything.
Thanks.
Please rate if you find this advice helpful.