software engg.
[ Scorecard : 27]
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Posted On 04 December 2008 at 15:12
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I am working in Computer Science Corporation as a software engineer in India.I joined on 25th August 2008. There is a bond with the company of Rs. 1 Lacs for two year working with them.Its a one way bond i.e. only from my side to the company . But due to some reason i would like to leave the company before two years,is it necessary to fill that bond of Rs. 1Lacs? Tell me tha way i.e. i should not fill that bond. Please reply
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Lawyer
[ Scorecard : 23364]
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Posted On 04 December 2008 at 18:55
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If you feel that the bond should not be there as it would prejudice your future career options, then you should not sign the same at the initial state itself.
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Advocate-on-Record, Supreme Court of India
[ Scorecard : 973]
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Posted On 05 December 2008 at 00:40
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Generally speaking, one has to honour the sanctity of a document more particulary an agreement. Hence, you are bound by it. However, your liability per ethe said bond is mechanised. It should also pass the the test of law. If certain portion is against the public policy, that agreement may not be acted upon since the same is not a binding contract. But for the details of the said bond, I am of this preliminary view. Trust this would suffice.
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software engg.
[ Scorecard : 27]
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Posted On 11 December 2008 at 14:41
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At the time of joining ,i was not aware that my future will be in dark here,at that time i thought it is the best place to make my career,but now i am aware of this,so is there any way i.e. i have't to fill that bond. As well as i have heared in India one way bond (if i leave the company then i have to pay,bt if the lay off,they dont pay)is not judicial.Is it true?
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