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Service bond

(Querist) 23 January 2013 This query is : Resolved 
In my earlier company I had signed a Bond for under going technical training for one of company's product from USA. The bond was for a duration of 2 years and Rs 3,00,000. And I have left the company when only 6 months of my bond completion duration was left.

The company has charged me for Rs 3,00,000/- and I had already paid this amount. Can I do anything about it.

Regards
Amol
ajay sethi (Expert) 23 January 2013
you were bound by the terms and conditions . you have willingly signed the bond . company sent you abroad for training . you left before completion of bond period . hence company was justified in invoocation of bond and you ahve rightly paid the amount .

now move on in life
Guest (Expert) 23 January 2013
Depends upon the contents of the bond and terms of your appointment. Can you send a copy of the bond as well as your appointment order for examination, as attachments to your email at: dcgroup1962@gmail.com
R.K Nanda (Expert) 23 January 2013
no need to do anything now.
Raj Kumar Makkad (Expert) 24 January 2013
If you have deposited the bond amount then nothing is to be done except to obtain full and final settlement and NOC.
prabhakar singh (Expert) 24 January 2013
Then get NOC from the Company.


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