NIDHI GOEL
28 August 2013 at 18:03
Plz help me to come out of this situation which I am confronting.
Situation:
I have been selected at the post of Credit manager in a bank wherein service agreement bond (copy attached)of Rs 2 Lakhs is executed at the time of training itself.After undergoing training at Lucknow, I was deployed at Kerala. But since this place is quite far away from my residence ( Ghaziabad) i.e. 2900 KMS.,I resigned.I have also given a request letter for change in my posting but went in futile. Now I have got a demand notice of Rs. 3.13 lac.
(Rs .2 Lac plus 3 months notice period amount mentioned in appointment letter)
Now my queries are :
1)Are bonds really enforceable?
2)What should I do i.r.o further notices despatched by bank - Should I reply to them? What are the consequences of non reply of letter.
3)Is there any way to escape from this bond amount?
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Payment of indemnity bond
Very Very thanx for all ur replies.
I would like to make clear that we were required to give preferences of posting place out of places given to us where vacancies are available.
I and my few batchmates have been asked of posting preference place 3 times saying that the preferences we gave have been alloted to others and our ranking is lower than those. In this way , I have given each time 10 preferences of place twice and the third time , I have given preferences of 15 places of which 11th preference i.e. Kerala is given to him.
I am attaching a copy of service agreement bond.