Validity of employment bond
Abhilash K
(Querist) 11 September 2011
This query is : Resolved
I got a job in a company as Senior Executive Finance & Accounts. They are telling me to sign a bond. But when I gone through the sites and other books, I came to understand that they are only legally enforceable only the company has spend on training me. There is no training here for me.
I am attaching an employment bond and agreement with this mail. Please go through that and let me know the validity of the following points
1. Is this bond legally enforceable
2. Is this one sided or two sided
3. If I am signing the bond and leaving the job before the bond period, what are the consequences?
4. If I break the bond, am I suppose to pay the full money that has been mentioned.
Kindly help... Its urgent
Ajay Bansal
(Expert) 12 September 2011
DON'T SIGN THIS BOND.
