Bond money
prakash
(Querist) 31 March 2013
This query is : Resolved
Dear sirs,
I joined a company (tcs) in the month of July. My training was in kerala. Due to some family problem I was not able to concentrate on my job. On the other side, one faculty member kept torturing me. I was frustrated. My brother was in hospital. so I came to my home after completing 3 months in kerala.
After few days my brother started feeling better and I went to other place for the preparation as I heard that they don't allow to rejoin the company after when u don't go for around 1 month. so I started preparing for other companies and went to delhi. Now some of my friends got legal notice stating that they have to pay the bond money within 7 days. As I am unemployed at the moment and and having financial problem Please tell me sir what should I do??
Thank you,
best regards,
prakash
ajay sethi
(Expert) 31 March 2013
you have very callous in your approach . the company spends money on selecting right cnadidate , training the employee and you leave without serving the company during the bond period . naturally company is going to take legal action .
contact a local lawyer and reply to notice
ajay sethi
(Expert) 31 March 2013
it is necessary to go through the terms of agreement signed by you to advise
Guest
(Expert) 31 March 2013
Your description reveals as if neither you got your leave sanctioned nor submitted your resignation before leaving the organisation. Further, you have just presumed that the company would not allow you to rejoin your duty/training instead of contacting the company management. That way, when you have signed a bond with the company and have breached its conditions, no escape seems to be there for you to avoid payment of the bond money.
However, you may better try to contact the management to get exemption from paying the bond money by convincing them aboout your circumstance of deserting the company and present financial position.
prakash
(Querist) 31 March 2013
sir i haven't got the legal notice yet. But my friends saying there it's mentioned to pay the bond money within 7 days...
prakash
(Querist) 31 March 2013
Thank you sirs...
Guest
(Expert) 31 March 2013
You are welcome, but better contact the company where the solution lies for you. Legally, you can't avoid payment of the bond money.
ajay sethi
(Expert) 31 March 2013
contact the management offer to complete the bond period . company must have served you legal notice at address mentioned in your records .
prakash
(Querist) 31 March 2013
Respected Ajay sir,
I have not got the legal notice yet.. And as I am not staying now in the address what I mentioned.. So It might be that tcs would send me other couriers and I couldn't receive any..
prakash
(Querist) 31 March 2013
Respected Prabhakar sir,
can I contact you through phone??
Devajyoti Barman
(Expert) 31 March 2013
The reputed companies generally do not chase the employee asking for bond money.
You better meet the HR people and settle amicably.
prakash
(Querist) 31 March 2013
Thank you so much Sirs for your support..
Have a nice day...
prakash
(Querist) 31 March 2013
Respected Barman sir,
When I joined tcs we had to sign the bond money ..also there was surety verification form and documents of my dad..
prabhakar singh
(Expert) 31 March 2013
Wait till you are not served with any notice.Do you possess the copy of bond you signed? What was the amount fixed for breach? How much stamp duty is paid on it?
Do you remember?
In case you do not pay they would have to file suit of
damages and compensation which would be awarded only on proof on the basis of actual damages caused to them but subject to maximum of bond amount,even if any excess sum is proved.
prakash
(Querist) 31 March 2013
sir, it was on Rs.100 stamp paper and bond money was Rs. 50,000 /=
prabhakar singh
(Expert) 31 March 2013
Wait till you are not served with any notice.
prakash
(Querist) 31 March 2013
Sir, many friends of mine left that company due to poor work environment and the tortures by faculty. One day in the office I got fainted and I went to hospital same day.
prakash
(Querist) 31 March 2013
Thank You so much sir for the valuable advice..
sir , should i accept that notice???
prabhakar singh
(Expert) 31 March 2013
Avoiding service of notice may not be of any help.Do you have any proof of having gone fainted and hospitalized.?Was misbehavior reported in writing to head of facility?
prakash
(Querist) 31 March 2013
sir i have medical documents of when I had been sent for check up... sir I reported to the delivery head and few more faculty members about that faculty lady who kept torturing me.. Even many members and delivery head knew her reality but no one bothered to take any step against her.
That faculty lady always kept demotivating me.
prabhakar singh
(Expert) 31 March 2013
Then why did not you charge them of inaction in writing making the same as cause of giving up the job.
prakash
(Querist) 31 March 2013
Sir that lady always kept favoring south Indian guys. she never liked to see any north Indian. I never knew this could happen as I only focused on my studies. As delivery head didn't take any action i thought nothing could be done now.
Guest
(Expert) 31 March 2013
No new secret about favouritism. That happens in every community and region in the whole of the world. Your action should be restricted towards fulfillment of your own duties, responsibilities and obligations with due sincerity.
prakash
(Querist) 31 March 2013
Thank you sirs..
i have not accepted any courier from company side yet..
I think now they will send legal notice. so what steps should i take now If i get the legal notice??
prakash
(Querist) 31 March 2013
Thank you sirs..
i have not accepted any courier from company side yet..
I think now they will send legal notice. so what steps should i take now If i get the legal notice??
ajay sethi
(Expert) 31 March 2013
already advised you to accept all letters , legal notices received from company
