Hello,
I signed a two years services level agreement with a pvt. ltd. company that had a clause of 30% penalty on the annual CTC if I were to leave before the stipulated time frame. This penalty clause was set against the training and development that the company claimed to invest in which never occurred. No training document was ever signed and no costs were incurred during my tenure.
Now, when I was already serving a notice period of 90 days (which was due the same day SLA expires) the organization started playing dirty retention tricks by now telling me that they'll demote my title on the relieving letter. I refused to accept this appalling term and told them I was going to leave (this was 20 days in the notice period).
Their legal-HR counsel is now threatening me to file against me in court for not serving 90 days notice period and leaving before the bond.
Please advise how to best handle this.
Thank you!
Best regards,
Piyush