LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

pratik pandey   10 June 2020

Employment bond

sir i am working on contract of 5 years in a PSU. I have signed an employment bond for serving my company for 6 years. I Have got a better offer now. Is the employment bond valid even though it exceeds my FIXED term employment term of 5 years. bond amount is 7 lakh


Learning

 6 Replies

G.L.N. Prasad (Retired employee.)     11 June 2020

You have signed a bond and your employer is a PSU, who never cares for litigation expenses.  The duties you are handling at present, the  immediate efforts for finding a substitute are also relevant. You can either orally seek information from personnel dept., or file RTI Application to PSU seeking information on such legal validity of the employment bond.  There appears to be a genuine grievance that as the employment contract is for 5 years, the bond period should not be for six years.  In view of the bond, it appears that your post involves a lot of training, specialization, and more skills.  The simple solution is convincing superiors as your service certificate is more important.

P. Venu (Advocate)     11 June 2020

The bond appers to be unconscionable. Moreover, the bond cannot be enforced unless the employer has imparted some specialised training incurring extra expenditure.

pratik pandey   11 June 2020

that special training will be imparted after 4 years of service (its expeb8 is 7 lakh). currently i am given only induction training. regarding bond transfer sir;i am contract employee , i don't think DOPT guidelines applicable on me.

pratik pandey   11 June 2020

to give that training the minimum experience requirements is 4 years.(ref; CAR 66 Dgca). I am not hiding anything i have just been given induction training. u can't lable someone manipulator without knowing facts.

pratik pandey   11 June 2020

i am not hiding anything sir. u said u should have applied through proper channel; but being a FIXED TERM EMPLOYEE of 5 years DOPT guidelines of bond transfer doesn't cover me. regarding training i only received induction training. the specialised training needs 4 years of experience ,will be given by the company on its requirement. what am i hiding here?

Dr J C Vashista (Advocate)     13 June 2020

Since you have already served the PSU for 5 out of 6 years period of bond, remaining one year can be waived by the PSU. You should apply with a request for switching over for a better opportunity available, on humanitarian ground but not as a matter of right.

Otherwise you are required to honour your commitment or deposit the bond amount.


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register