Unfair Bond Terms
Querist :
Anonymous
(Querist) 21 June 2019
This query is : Resolved
I was appointed as Trainee Jr.Officer in a Co op Bank. The appointment letter mentions a Bond period of 1 yr and 1 month notice period. Also a deposit of Rs. 10000/- in my name was kept as deposit for a period of 1 yr renewable from time to time. 6 months later I got a confirmation letter where the terms of appointment remains unchanged was mentioned in the letter.
However after completion of my 1 yr from joining, my FD is still not being released by the Bank, whereas they have released FD of a Clerk whose appointment letter had same clause as mine with respect to FD. Also now I am being asked to submit a bond for a period of 2 years with 2 months notice period or 2 months salary in lieu of notice period, which is against the terms and clauses of my original appointment letter. On questioning about the same, I was informed verbally that it is the managements decision and the terms of appointment letter can change from time to timw
How can I protect myself in this case.Is there any rule which allows such changes in the original appointment letter???
Querist :
Anonymous
(Querist) 21 June 2019
Please give me a solution urgently as he has been sending me reminders to submit bond,which i am not willing to..
Dr J C Vashista
(Expert) 22 June 2019
Show the appointment letter to a local prudent lawyer for better appreciation of facts/records and guidance.
However, if you are located in Delhi and feel so, may contact me (on appointment) with records at:
Chamber No 647, Lawyer's Chamber Block, Dwarka Courts Complex, New Delhi-110075
Cell # +91-98911-52939 email: majjagdish@yahoo.com, website: vakil-saab.com
P. Venu
(Expert) 08 July 2019
You may seek a copy of the resolution of the managing committee.
