HELP NEEDED
I had signed a service agreement for 2 years with my previous employer. I worked there for 4 months and due to some reasons I stopped reporting for work, although have not officially resigned. Now the company had sent me a show cause notice asking to comply with the contents of the agreement failing to which i have to pay re.100000 as damages. Although the agreement was made on a plane paper and not on stamp paper and it was of C300 type .I want to know can the company take any legal action against me? and do i have to pay the bond money. Attached here is the copy of service agreement
Thanks for the help