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anand das (service)     19 March 2012

Employee bond period

Companies generally aske it's new recruits to enter into a bond say for one year or two.

What is the final supreme court position on such bonds and what happens if employee breaks the bond in between and joins another company?

pls guide


 1 Replies

Kumar Doab (FIN)     19 March 2012

Breach of bond is not criminal breach of trust it is of civil consequences and that also have to be proved in the Court of Law. There is no liability of the company, which employs him subsequently.

Attached File : 784977089 negative covenant in contract of employment.pdf downloaded: 90 times
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