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Ganesh (Web master)     12 March 2010

Agreeement with the company

Hi all,

I am workin in X company where I have signed for 1 year service agreement, is it possible that i can leave the company before agreement period ? As per Bonded Labour System (Abolition) Act was passed by the Parliament in 1976, how this company is signing agreement for each employee. Isn't it against LAW?



Learning

 1 Replies

Gundlapallis (Advocate)     13 March 2010

The said law has no application to your service agreement.  When that was your need, when you needed a job you didn't blindly sing the agreement isn't it?  Law is not only for you - it is there to protect the employer also who invest lots of money and  pay salaries to staff.  Without guarantees and with running away staff a business cannot run successfully.  1 year is the minimum period you agreed to stay with your employer - if you are now not willing to stay, check what the agreement says as condition for termination of service contract ie., notice period - compensation etc - If those conditions are ok for you leave the company according to the mutually agreed and bound contract.


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