Company asking bond again
Vijay
(Querist) 17 March 2016
This query is : Resolved
I gave a bond to my previous company for 3 years it includes not to join any other competitor company for three years. After completion of 4 years I gave a proper resignation and left the company. But the thing is I didn't receive either proper appointment letter or relieving letter from the company till the date. After a lots of conversation on phone they send an mail for full and finalize amount. They release my payment when I gave a 50/- bond paper which declare not to join another company for two years i,e which already I agreed and signed on bond. Is it legal to give a bond paper to the company. (In that case already they have my signed bond) and even I didn't receive a proper document from the company?? Kindly let me know what to take action ??
Dr J C Vashista
(Expert) 19 March 2016
You have already submitted declaration/ agreement then what is the further query i.e., whether it is legal or otherwise? You should have sought the help/opiniion before acceptance and declaration.
The company cannot ask and force you to submit such an agreement and declaration for the purpose of release of payments and issuance of relieving letter.
Consult a local lawyer practicing in service matters.
Rajendra K Goyal
(Expert) 19 March 2016
The Bond if signed by you is valid and enforceable.
