service agreement

Querist : Anonymous (Querist) 19 August 2010 This query is : Resolved
Dear all,

I am working in a contact research organization which is doing BA BE trials on humen volunteer. I have joined this organization last month end. At the joining time I have signed a service agreement(not a bond paper copy)which states that if I leave the organization before one year thenI have to pay 50000/- to them. I want to know about the legality of the service bond signed by any employee with his employer and what are the laws and rules of the Suprime Court concerning this service agreement.

Follow Query

Report Abuse

Devajyoti Barman (Expert) 19 August 2010
The employment bonds are not always strictly enforceable and in number of circumstances if the employee leave the employer before the stipulated time citing proper reasons like breach of agreement of job profile, stifling and/or exploiting working condition etc, the employer could do nothing substantial legally.

s.subramanian (Expert) 19 August 2010
You are bound by the agreement you have signed. It is governed by the Indian Contract
Act.

Previous

Next

You need to be the querist or approved LAWyersclub expert to take part in this query .

Click here to login now

Similar Resolved Queries :

Ask Query
Unanswered Queries