Dear Sir,
I was employed with a software company for past 3.8 years.
Last year, they sent me on an external training on a specialized skill, and told me that I would need to sign a bond of 3 lakhs for a duration of 2 years for the same. They made me sign a printed page with these details, but was not having any legal stamp on it.
Due to family issues, I was forced to resign the company couple of months back without serving the full bond period.
They handed me over the Relieving letter, but told that F&F settlement and experience letter would be sent within 45 days. I did not receive either of them till date.
Now, they have sent me a notice and a follow-up via registered A.D. stating that I need to pay the recovery amount in the F&F settlement(they have included the training amount in it as a recovery) amounting nearly 2.5 lakhs, failing which they would initiate action against me as advised.
Request dear members to kindly advise me as to how to proceed, as financially I am not in a position to pay this amount right now.
Can my non-payment cause them to take any serious legal action against me ?
Thanks in advance for your assistance.