Kushal (B.tech) 18 June 2013

Breaking bond

Good afternoon all,

I have joined in a company with one side bond of 2 years. if I break the bond i need to pay 3 laks to company..

I have good % in B.tech and schooling also as above 80 and 90 respectively.. I planned to do masters in germany. can i break the bond before 5 months of completion of bond??

Company did not gave me any traning or invested nothing.. If i break the bond i need to pay the amount??and this XYZ company is not paying salary in time also.

Please suggest me ..

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4 Replies

HIRAL THAKKAR (ADVOCATE ) 18 June 2013

If it is a one sided bond you can with prior notice period of sufficient time go ahead with your future. As far as not paying salary in time you can write to the company as well as to the commissioner of labour for the same.

If the company does any wrong to you in regards to the bond you can very well approach the commissioner of labour for the same and place your grievances.

Regards