Late payment of salary

Guest (Querist) 10 September 2011 This query is : Resolved
My company pays salary regularly on 3rd of every month but from past 5 months it is paying always late it sometimes goes till 25th of the month.I have a bond agreement with the company.I have been inconvenienced by this delay.Can i leave the company on the pretext that the salary is late.Is such a bond enforceable even if it includes training expenses.Thank You

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Devajyoti Barman (Expert) 10 September 2011
Does the bond provide for such clause? If yes then move on else the bond needs to be seen.

prabhakar singh (Expert) 10 September 2011
Nothing can be opined with out perusal of bond.

Sailesh Kumar Shah (Expert) 11 September 2011
Dear Sasu
If you post terms and conditions of Bond Agreement then we could help you further.

Guest (Expert) 11 September 2011
You cannot defy the terms of bond merely on the plea of late payment of salary. However, you can ask your company to pay your salary up to the due date fixed for the industry.

Off course, the tactics of the company can either be to get the terms of bond violated or the financial position of the company would be not sound and the salary would be synchronised with the fund flow of the company.

Advocate. Arunagiri (Expert) 11 September 2011
If no salary is received, you can ignore any condition imposed in the agreement.

In this case, there is a delay. So, you can not breach the agreement conditions.

K.S.Srinivas (Expert) 11 September 2011
I agree with Expert Arunagiri.

In addition to his opinion, I would like to give the following informatin:
As per Payment of Wages Act 1936,

The wages shall be disbursed--

Where the number of persons employed are less than one thousand:
Before the expiry of the 7th day after the last day of the wage period

Where the number of persons employed are
more than one thousand:
Before the expiry of the 10th day after the last day of the wage period

Guest (Querist) 12 September 2011
Thank You all

Ajay Bansal (Expert) 12 September 2011
Show said bond.

girish shringi (Expert) 13 September 2011
I do agree with the experts.

Most of the companies intentionally avoiding the salary date,due to many of the employees jumps the Bond.

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