Dear Seniors,
1. If Service Bond is legal in India ?
2. If Not legal , then why an employer force for employement Bond.
3. is a employee bound to complete the Tenure and pay the amount mentioned in Bond.
Neeraj Sharma 24 November 2015
Dear Seniors,
1. If Service Bond is legal in India ?
2. If Not legal , then why an employer force for employement Bond.
3. is a employee bound to complete the Tenure and pay the amount mentioned in Bond.
Kumar Doab (FIN) 24 November 2015
It is pure academic query. There are many threads at LCI alone on similar query and many other forums.
You can search and read.
Many factors shall count.
If you have some specific query you may post all facts of the matter.
Generically speaking if anyone has signed a contract/agreement/clause/bond by his/her free will then OP can approach court of law even if as per you there is no legal force in it. The court shall decide the matter, on merits.
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