It is felt that you could have contacted a competent and experienced service lawyer before starting written communications and paying.
Did the company mention in their advertisement that candidate shall have to undergo training for 1 year and shall have to sign service agreement/bond?
Was it mentioned in your appointment letter/service agreement that you need to complete training for 1 year? And/or successful completion of training you shall be offerred regular appointment. Was it mentioned that you shall be on probation period for...........months?
It is felt that training provided by the comapny is ground for service agreement/bond.
If you were to be confirmed in service after completion of training, then you should have submitted a representation under acknowledgment that although you have successfully completed training your service are not being confirmed. Thus you could have started building a ground.
If you have mentioned in any of your communication that you have been selected for MBA prgramme then you have provided a ground to the company to enforce the conidtions of service agreement/bond.If no appointment letter expressing notice period applicable to you, is issued to you and accepted by you then there should be no notice pay applicable to you. Company might have indicated the notice pay applicable to you verbally as per its standing orders.
It is felt that you may approach a competent and experienced service lawyer with all documents and records and give inputs in person. Your lawyer may be able to find some scope of relief to you.You need to settle the fee yourelf with your lawyer.