Bond
Querist :
Anonymous
(Querist) 27 May 2011
This query is : Open
Dear Sir,
I was chnsged my job and join a new one in this job i had signed one bond i which they mentuined the word likr principle of "Need to know basis" & "Breach of trust" can u explain me the meaning of this
Also in my bond it was mentioned that if i leave my job within probation period(6 months) then i have to give my 6 months gross salary to company and ig leave after probation then it will be for to months gross salary or 2 month notice period.
In that there is one more bond regardin non-circumvention & non disclosure in which i cannot reveal compny secrets to another organization.
One morething our constitution allows us freedom of employment so why this is prevailing in our country also as per Sec27 of indian contract act(1872) people of india have right to use their potential anywhere they thinks to use no one can bound them.
Please provide your expert advide on the aforesdaid subject,
Thaning all of you,
Regards,
Rizwan Pathan