Abdul Fayas (Developer) 14 June 2011
I am working with a properitorship firm from nov 2010, when i joined i gave an undated check with x amount, the bond was like they will drop the cheque if i leave the job before 2 years, i want to leave the company now because of some false promises made by them regarding my salary, i dont know what will be the effect of the cheque which i gave, please show me a clear way to get out of this. I recenty cancelled the whole claiming that i lost it cheque.
pervez (adviser) 14 June 2011
Dear, If u have any agreement with the company. or funished a Bond to this effect ..? If not, then you have no obligation.... Sec. 138 case can be tried in case there is any debt or liability..? Hope you got the reply....
regards
Abdul Fayas (Developer) 15 June 2011
I signed on the letter pad of the company which mentioned the conditions which i already listed out like
> I have to stay in the company to the period of 2 yrs.
> Incase if i leave the company before that period they will drop the cheque.
>And few more as usual conditions
Does this matter a lot ?
Sajeev Menon (Legal Consultant Dubai 00971 508836442) 19 July 2011
This bond wont attracat any financial liability but contracatual obligation only. if they file money suit or 138NI Act, you wil not be punished as you dont hav any debt with them.
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