Service bond

Querist : Anonymous (Querist) 15 December 2011 This query is : Resolved
Hi,

I am working with a MNC in Pune. In August 2010, I travelled to UK for Knowledge Transfer from client site. I signed a bond for one year ( applicable from the date of return from travelling) for Rs. 2 lacs.

I returned from the travel on December 2010. I was sent back on other project in May 2011 to Europe and came back on Aug. 2011. on the second travel I did not signed any bond with the company.

Now I am leaving the company but the HR people are saying that the Bond is still applicable to me but per my understanding it is getting over in December 2011. In company policy there is a clear policy that if a person is travelling again which he is already in a service bond, he needs to sign the new bond with the company and the previous bond will be terminated by itself.

Unfortunately, I don't have the copy of bond and per my understanding HR people have doesn't mention the date of last return as 12 december 2010 in my service bond.

can you please advise me if the service bond is applicable to me.

Thanks,
Vikas

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Nadeem Qureshi (Expert) 16 December 2011
repeated query,
search yesterday's post

Devajyoti Barman (Expert) 16 December 2011
Is it??
Then I should not reply.

Raj Kumar Makkad (Expert) 16 December 2011
repeated query.

Sailesh Kumar Shah (Expert) 16 December 2011
refer to earlier reply.

Guest (Expert) 16 December 2011
You can ask for a copy of the existing bond before you sign another bond, if needed, and must keep a copy of the same before handing over the same.

Querist : Anonymous (Querist) 17 December 2011
Hi Thanks to all of you for your reply..

I try to find the similar query but was unable to find.. Request to please advise on above query.. will be greatful to you.

Thanks

prabhakar singh (Expert) 17 December 2011
First ask HR Dept. to give you copy of the bond and then attach the bond here with your query,only then any perfect flawless answer would be possible.

Sailesh Kumar Shah (Expert) 18 December 2011
Visit:-
http://www.lawyersclubindia.com/experts/breach-of-2years-bond-259791.asp

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