Hi,
My company when hired me from campus asked to sign an agreement which says to payback Rs 50,000 in lieu of training and accomodation and serve for three months, if I resign before 1.5 year.
After joining the company while having rejected all other offers in hand,we were informed that the commitment period has been extended to 2 years and itw as not considered necessary to inform this to us all the while and we were made to sign the new agreement.
The letter of my appointment says to pay back the amount if i resign before 2 years while the exit policy of the company states to payback the amount if you leave the committed period.Which one should be considered ?
The company has a policy that if an employee leaves ,he will have to serve a notice period of 3 months ,one month at max can be bought back..I have an opportunity to go for higher studies now and i can at max serve 2 months after having resignes,I have to buy back for a month.
By the time i will leave it will be 10 days short of 2 years so i tried to reason out with my company to exempt me from the training and accomodation cost to which they refused.They have witheld my salary for two months .They know I will require them for background check for the future so they are not listening to anything.
What should I do?Can I sue my company for the same?Should I question them on the accomodation amount as they have not mentioned the division out of 50 k?
