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rakeshpandey   26 September 2015

Stuck in service bond

dear sir,

I had signed a service bond with a company 1 year ago. there was a one year probation period, and after successful completion of that you were being confirmed. now when i have been confirmed, i got to know that this company just tortures its employees on the name of bond money. the bond is of 125000, for a period of 4 years, which is not affordable for me. also there is nothing to grow in the company. i am pretty much depressed, and want to quit the company. they say they will take legal actions. what is the solution for that. i cant afford a lawyer. plz help.



Learning

 2 Replies

K.S.Srinivas (Advisor (HR))     27 September 2015

What are the conditions stipulated for breach of agreement?

T. Kalaiselvan, Advocate (Advocate)     03 October 2015

What are the conditions in the bond?, What are the terms and conditions of the offer letter for employment/appointment?

You may consult a a local labor law practicing lawyer, show the copy of the bond and employment  offer letter, seek his guidance and advise on all such further issues. 


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