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Signing of service agreement bond of rs 2 lac

Querist : Anonymous (Querist) 17 September 2017 This query is : Resolved 
Sir ,
I have been selected for a post in Currency Note Press Nashik . It is required for me to furnish a bond (Attached) of Sum Rs 2 Lac in case i leave before 3 years .I would like to seek your advice on following points .

1. As mentioned in the bond document the agreement is to be done on a 100 Rs Stamp.Would it be valid on 100 Rs Stamp ?

2. As result of another recruitment process is pending ,would joining this and then leaving hinder my other recruitment's joining .
3. What are legal remedies available to me if i have to leave in 3 or 4 months ?

https://drive.google.com/open?id=0B9FqofMK1fAaOHZNbnc1UDRHYXVxNmx2ZzVBbFVPT1hFRkdr

here is the link to service bond


Waiting for your reply
Rajendra K Goyal (Expert) 17 September 2017
No reply to query from an author who is anonymous.

You can post the query in fresh thread with your identity and material facts.
Guest (Expert) 17 September 2017
No alternative. No legal remedies available to you, if you want to join that service. Choice is not yours. Employer has to get all the formalities completed before he allows you to join.
Guest (Expert) 17 September 2017
Only one choice, job after signing of bond or no job on refusal. One is better than two in the bush.


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