Employment bond Employment bond

4 years ago

What are the consequences if I leave the company that I joined. They made me sign a bond duration of 2 years with 6L as the amount to give if I break it. I am planning to go in 3 months of joining because of some family health issues, is it possible to leave without giving this amount or some other guidance regarding this will be very much helpful.

Kishan Dutt Kalaskar

Responded 4 years ago

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A.Dear Sir,
You may leave the organization and they have to approach Civil Court for recovery of 6 Lakhs but Supreme Court says that entire amount cannot be recovered and employer is entitled for only amount spent by him towards your training.

Please take PAID phone call with me through VIDHIKARYA and get more legal guidance.
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Chitra Sundar

Responded 4 years ago

A.Pls provide the bond document to advice you better.
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