Seeking help with bond
Querist :
Anonymous
(Querist) 13 October 2022
This query is : Resolved
I signed a bond with my Indian employer Atos, before coming abroad. The bond suggests that I have to pay 5 lakhs if I leave the company any time while my stay at abroad.
There’s this backend process here with which I have first resigned from the company and joined the same company as a contractor through a consultancy. I’m still associated to Atos but as an external employee now, not a direct one.
It’d been approx. 5 years and some months that I stayed with Atos before resigning. In this amount of time, they must have already recovered whatever amount they have spent on my training, Visa, etc. My question is, can this be a good argument for discussion on negotiation or do I still need to pay the full amount?
I’ve already received legal notices (emails as well as paper, on my home address in India).
kavksatyanarayana
(Expert) 14 October 2022
You are resigned from the company and joined the same company as a contractor. So though you worked there for 5years, that service will not count and you have to pay the amount as per terms of the agreement.
