I have been working with a bangalore based FMCG company for the past 2 months as a trainee. currently posted in hyderabad.The current job i have is not as per my expectations and hence i was looking for other jobs and recently have got one with a consulting company which wants me to join by 15 th next month.
At the time of joining my current employer i had signed a service agreement bond which states something like -"In the event that you leave the company prior to 2 yrs from your DOJ you are liable to pay a sum of rs.50k representing the damages in training . further company also reserves the right to withold and set off any other amount payable to me and shall have the right to seek recovery action for any residual money payable by you after such set off.
My queries
1. Although no notice period is mentioned in the offer letter , i know a 1 month notice period exists which i would not be able to give. will that be a cause of concern?
2. I do not need the relieving letter however i am ready to pay the stated 50 k . From the language does it seem that they would charge only 50 k or it may exceed further?( can they ask me to pay for salaries recieved as well? )
PS- i have not discussed my resignation with the mgmt. plan to do it next week.
