LCI Learning
Master the Art of Contract Drafting & Corporate Legal Work with Adv Navodit Mehra. Register Now!

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

vivek singh   15 June 2015

BOND TRANSFER FROM PSU TO IES(central gov.)

I completed my b.tech in may 2014, and in june 2014 I appeared in ESE-2014 (engineering services examination) formally known as IES ,conducted by UPSC.I was unemployed at that time.Result was expected after 8-10 months. Mean while in nov. 2014 I got selected as graduate engineer trainee(GET) in NALCO(national aluminium company limited)-a navratna PSU. At the time of joining, i informed them in written that i have appeared in ESE-2014. UPSC declared the result in march 2015, fortunately i got selected with good rank, i was really happy because it was my 1st attempt and that too as fresher from college. I am expected to get Class-A job in Railways, so i informed NALCO about my result and asked them about procedure for tranfering bond. They replied bond will not be transfered (as there is no such policy in company)and i need to pay 3Lac. To whom i have discussed told that it should be transfered as both are central gov. Organisation. I also filed an RTI asking if they follow DPE guidelines? They gave staright answer "NO". So i could not ask them to transfer bond as per DPE guidelines. Now please help me out with following questions- Is it possible that being a navratna PSU , NALCO doesnot comes under DPE (department of public enterprise)? As NALCO denies , what are the chances of success if i take the matter to the court? (Also give contact of any good advocate who deals with such issues. Contact can mailed at vivekss5800@gmail.com ,if privacy is a concern.)


 0 Replies


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register