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Manoj Gupta (Engineer)     19 April 2013

Bond transfer

Dear Sir,

            I am working  in a PSU and hd signed an agreement bond of 3 lacs for a period of 3 years.. Nw  i hv got selected in IES through UPSC and willing to join...  appeared in written exam before joining PSU. and intimated before apearing in the interview and also about final result..  but my present employer refused to transfer the bond to my next employer.. Is is possible that PSUs can deny transfer of bond? Is there any hnble supreme court order that can save me from paying the bond money..? Is there any exemption for selection through UPSC? I have heard from people about these but i am unable to find out those order/guidelines.. please guide me its urgent..


thank u very much..



Learning

 2 Replies

Manoj Gupta (Engineer)     22 April 2013

please reply..

PRANJAL PANDEY (Executive Engineer)     11 June 2013

hi...

 

the only issue of contention is whether these are just 'guidelines' or they are fully enforceable 

 

CHAPTER II

PERSONNEL POLICIES

(c) Service Matters

29. DPE/Guidelines/II(c)/29

Enforcement/transfer of bond in respect of employees of Public Enterprises who leave the services of one

Undertaking to join another Undertaking/ Government.

The undersigned is directed to refer to this Department’s OMs No. BPE/GL-017/77/MAN/2(11)/75-BPE(GM-I) dated

13.6.1977 and 23.5.1981 and No. 17/20/84-GM dated 5.2.1985 on the subject mentioned above, which were deleted

vide this Department’s O.M. No. 20(5)/95-DPE(GM) dated 10th December, 1997. After deletion of these guidelines,

Department of Public Enterprises received references from various quarters for revival of these guidelines to enable them

to regularize enforcement/ transfer of bond in the case of public sector employees joining services in Central Govt./State

Govt./Autonomous Bodies. The position has been reviewed and after careful consideration, it has been decided to revive

this Department’s OMs dated 13.6.1977, 23.5.1981 and 5.2.1985 with the following modifications:

(a) The bond executed by employees of the Public Enterprises, who have received scientific/technical training at the cost

of Public Enterprises and have applied through proper channel during the currency of the bond join Central Govt./State

Govt. services or take up employment under quasi-government organizations or any other public enterprise either on the

basis of competition examinations/tests/interviews organized by those organizations or the Union Public Service

Commission should not be enforced subject to the condition that a fresh bond is taken to ensure that the employee serves

the new employer for the balance of the original bond period.

(b) The terms of bond whereby an employee of a Central public enterprise receiving scientific and technical training out

the expenses of the Govt./Public Sector Enterprises undertakes to repay this specified amount in the event of his failure to

serve the enterprise for a stipulated period after completion of his training should not be enforced against an employee

who leaves service of public enterprise to secure, with proper permission, employment under the Central Govt., a public

enterprise or an autonomous body wholly or substantially owned/financed/controlled by the Central/State Govt. A fresh

bond should be taken from the person concerned to ensure that he serves the new employer for the balance of the

original period.

(c) To ensure that the requirement of obtaining a fresh bond from a person, where necessary, is fulfilled, the enterprise

with whom the employee has executed the original bond may at the time of forwarding his application write to the

organization etc. under whom the employee intends to take up another appointment intimating them about the bond

obligation of the individual and clarifying that in the case of his selection for the new post, his release will be subject to the

condition that the new organization take from him a fresh bond binding him to serve them for the balance of the original

bond period; in case he fails to serve the new department/organization etc. or leaves it before completion of the original

bond period for a job where exemption from bond obligation is not available, the proportionate bond money should be

realised from the individual and refunded to the first organization with whom he originally executed the bond.

2. All the administrative Ministries/Departments are requested to kindly issue necessary instructions accordingly to the

public sector enterprises under their administrative control.

(DPE O.M. No. 15(2)/2003-DPE(GM)/GL-57 dated 29th July, 2004)

***


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