Employment bond with indian company

Mohd Zeeshan (Querist) 26 September 2012 This query is : Resolved
Hi Everyone

I am having one problem which I am really tensed about. Please Help me out.

Actually the scene is I joined an indian bank last year. At the time of recruitment the bank made me sign a service bond of Rs.1.5 lakh plus 3 months notice for 3 years. And for that purpose they also confiscated our educational documents in original. I was lured by the salary and signed it.

Now I have resigned from the service due to my family problems and they are asking me to pay the compensation amount plus notice period amount. Otherwise they will neither give my documents back nor they will issue relieving cum experience letter. And as per them they will register an FIR and file a suit against me.

So I request you all to suggest me that whether legally they can enforce upon me that contract or not? And should I obey the contract? And Can I demand of giving my documents back without paying money?

Because without my documents I am not able to get another job in my domicile.

Thanks for your all Support in advance.

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Guest (Expert) 26 September 2012
Language of the bond matters much and any advice depends solely on examination of the copy of bond.

However, confiscation of educational certificates is illegal on the part of the employer. You may better correspond formally to ask for release of the certificates.

Mohd Zeeshan (Querist) 26 September 2012
Thanks Sir for your advice. One more thing I forgot to include in the query.

The bank made us come to Kerala in their headquarter for joining the bank. And immidiately after joiing they imparted us residential training in which they provided lodging and food for 14 days.

So does this make this bond or confiscation of documents legal or must abide.

Guest (Expert) 26 September 2012
Regarding your supplementary query, only the contents of your bond can determine what claim the bank can prefer against you and on what account.

Mohd Zeeshan (Querist) 26 September 2012
Very well Sir. Thank You for your time.

Guest (Expert) 26 September 2012
You are welcome.

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