Sahithi 03 August 2016
Hello All ,
I need some urgent asssitance .I have been working in an MNC for almost 2 years now and I have signed a bond for 2 years .However I am planning to leave the job for higher studies .I spoke to the HR and they would want me to pay the complete bond amount for leaving 1 month early and notice period buy out too .I cant afford to pay that much.Will they be able to stop my PF as UAN is given by them .Please advise me .
HIRAL THAKKAR (ADVOCATE ) 03 August 2016
Kumar Doab (FIN) 03 August 2016
The PF can not be withheld or attached.
The funds in PF a/c are not in control of employer and is with EPFO.
The declinature to attest the PF forms by employer is offence.
Submit PF forms under proper acknowledgment.
If you have been working for 2 years and bond is for 2 years then why 1 month is still left?
The Bond was drafted in lieu of what extra ordinary favor by employer e.g; training at the cost of employer from some Instt.?
Sudhir Kumar, Advocate (Advocate) 10 August 2016
Sudhir Kumar, Advocate (Advocate) 10 August 2016
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