EMPLOYMENT BOND

N.J. MISHRA (Querist) 20 January 2011 This query is : Resolved
PLEASE MEMBER SUGGEST ME.

THE COMPANY IS EMPLOYING SEAMEN BUT COMPANY WANTS THEM TO SIGN EMPLOYMENT BOND BY PROVIDING ONE SURETY, IF THE SEAMEN ARE NOT READY TO SIGN THE SAME WHAT WILL BE THE NEXT STEP WHERE THE COMPANY IN FUTURE IF ANY DISPUTE ARISES THE COMPANY CAN RECOVER THE AMOUNT FOM THEM BECAUSE IF CIVIL SUIT ARE FILED THESE SEAMAN ARE NOT TRACEABLE

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Khaleel Ahmed Mohammed (Expert) 20 January 2011
What is your query?
There is no illegality by company to demand surety.

Amit Minocha (Expert) 20 January 2011
It is your choice whether to sign the bond or not. A lot depends upon terms and conditions of the bond agreement.

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