Hi,
I used to work of one of the top IT firm in India from mid 2006 to mid 2012. Company sent me to onsite in early 2008 and asked me to sign a bond. The bond was signed on Rs. 100 stamp paper. The bond says that I cannot resign at onsite without 3 months of notice period else I have to pay Rs. 5 Lakh as bond breakage amount. I got visa from 2008 to 2011 (3 yrs). In between I visited India and when I returned back to onsite the immigration officer provided me document with which I can stay in that country till 2013 (If I go out of that country a valid visa is required). Meanwhile my visa expired with this company but since I have this valid document I could stay there. I requested company to file extension or new visa as in case of any family emergency in India I have to come to India leaving all my stuff in that country which might have affected me financially and without valid visa I cannot come back and settle it. Therefore I decided to leave this company at onsite. I left it in mid 2012 (My visa was not valid with this company during that time) with less notice period than mentioned in the bond. Now due to family emergency in India I returned back. Meantime I received full and final settlement from this company asking me to settle Rs. 5.28L. They are not ready to provide me my experience letter and other documents. They also did not paid me onsite vacation amount in full and final settlement.
Now my question is: Is this bond legal and is there any limit for duration?
Since my visa expired with this company and they have not provided me any training or anything then this bond is still valid?
I asked them if there is any negotiable value which I can pay but I did not receive any update from them.
Is there any thing we can do in this case?
Thanks in advance.