Singed a bond on stamp paper before joining the company.

Querist : Anonymous (Querist) 27 December 2018 This query is : Resolved
Hi,

I have Singed a Bond on stamp paper before joining the company, it stats that I have to join the company if I dont join they can go for legal action and ask compensation minimum 10lac max 1cr.

Can someone tell if I dont join the company what the company can do and what would it impact on me.

Regards,
Pawan Kumar

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Isaac Gabriel (Expert) 27 December 2018
Mr.Anonymous, are you playing jokes on this club?

ashok kumar singh (Expert) 30 December 2018
place the details covenant of such bond
and in the event you do not join the company no terms of such bond can lie on you
however give the facts categorically and then raise your queries if any, so far

thanks

Dr J C Vashista (Expert) 31 December 2018
An anonymous author may not expect valuable response and obligation of experts as per rule of this platform.

Dr J C Vashista (Expert) 31 December 2018
@ Mr. Pawan Kumar,
As stated in your post the terms and conditions of service agreement are absolutely unambiguous, which itself clarify your point of concern, read it again.
Avoid posting such funny question(s).

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