A.
Sir, According to your query, Employment bonds are legal in India as the employer uses his resources to train the employee. However the courts are also of the view that "Restriction clauses provided in such bonds are generally overlooked by the employees. At the time of the agreement, the employee may have given little thought to the restriction because of his eagerness for a job, such contracts tempt improvident persons, for the sake of present gain, to deprive themselves of the power to make future acquisitions, and expose them to imposition and oppression." Having that said, Your company must be having a notice period which you need to give before resigning. Generally the notice period does not exceed a period of 3 months. In my opinion do serve your company the proper notice period time. After which you will not be liable to pay even one penny to the company. If even after that they do not give your documents then you can look for proper legal help as you have fulfilled all the criteria including the service of notice period before termination of employment.
Hope this helped.
Shreyash Mohta.
Posted On 10-Jan-2019
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