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Prakash   10 July 2017

Service bond in india

Hi Team, I am working as a software engineer in Xyz company and there i have 2 year bond 1 year i have completed & one year remain but because of some financial problem i do not want to continue the job i want to change my job anyone pls suggest any way to break my this bond ? Thanks In advance


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 2 Replies

Kumar Doab (FIN)     10 July 2017

You have signed said Bond by your free will.

The Bond is drafted by employer in lieu of what extra ordinary favor to you say some certified training at cost of company that shall ad to your qualification and extra ordinary skill?

Do you have copy of Bond?

Employer by its sweet will can liberate you from liquidated damages.

Or you may establish that said Bond is unconscionable, void. 

Kumar Doab (FIN)     10 July 2017

While posting such queries employee should post basic information!

What is this establishment; Commercial, Industrial?

What is its nature of business say; IT, ITeS?

How many persons are employed in it?

What is your designation and nature of duties?

How many persons report to you?

Do you have any power to sanction leave/increment/appoint/terminate/appraise etc etc ?

You are in which state? Since how many months you are working?

Do standing orders (model/certified) apply to establishment and your designation?

What is notice period as per appointment letter/offer letter and what was notice period tendered by

you?

Was ever any stinker, memo, show cause notice on any misconduct issued to you?

Are you a member of employee’s/trade unions?

Has the establishment issued/supplied, salary slips of all months, PF number and a/c slips of all

years, ESIC card,?

 

 

 


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