Bond breaking from company
7 months ago
I had a bond with a Mnc company of 2 years but after working for 7 months as I was on bench I resigned from the company and served the notice period of 3 months . But now they are sending emails to pay the amount of bond breaking which is of 80000 otherwise they will take action..
A.Dear Client,
I would like to inform you that the enforceability of the bond and the consequences for breaking it would depend on the specific terms and conditions mentioned in the agreement. It is important to review the bond agreement to determine the obligations and liabilities you have agreed to.
If you have served the notice period as required by the agreement and fulfilled all the contractual obligations before resigning, it may be argued that you have already fulfilled your obligations under the bond and may not be liable to pay the bond breaking amount. However, if the bond agreement specifically mentions consequences or penalties for breaking the bond before the completion of the stipulated time period, you may be obligated to pay the amount mentioned.
It would be advisable to review the specific terms and conditions of the bond agreement, including any clauses related to resignation, notice period, and bond breaking, to determine the appropriate course of action. If the company continues to demand payment and threatens legal action, you may consider seeking legal advice to assess the validity and enforceability of the bond agreement and to understand your rights and options.
Thank you.
I would like to inform you that the enforceability of the bond and the consequences for breaking it would depend on the specific terms and conditions mentioned in the agreement. It is important to review the bond agreement to determine the obligations and liabilities you have agreed to.
If you have served the notice period as required by the agreement and fulfilled all the contractual obligations before resigning, it may be argued that you have already fulfilled your obligations under the bond and may not be liable to pay the bond breaking amount. However, if the bond agreement specifically mentions consequences or penalties for breaking the bond before the completion of the stipulated time period, you may be obligated to pay the amount mentioned.
It would be advisable to review the specific terms and conditions of the bond agreement, including any clauses related to resignation, notice period, and bond breaking, to determine the appropriate course of action. If the company continues to demand payment and threatens legal action, you may consider seeking legal advice to assess the validity and enforceability of the bond agreement and to understand your rights and options.
Thank you.
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