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logesh (finance executive)     15 February 2013

Need help on this company rules

hi my friend is working in a mnc company in accounts process for a period of 6 plus months recently he went on a project to KSA for a priod of 1 month ,there he had a quarrel with the manager there so he want to put papper in that company is there any problem with it...Also he has signed a bond with the company ofr a period of 1 year will it affect him please help.. he is afraid they would ask him to pay 5lac  if he want to quit.. ???



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 2 Replies

SRISHAILA.DHARANI (Advocate&consultant)     15 February 2013

if he has sign the bond, to give one month notice , before leaving, then he has to give one month notice.

or otherwise in the alternative, is has agreed, to give one month salary in lieu of one month notice , before laeving , then he has to give one month salry.

But he need not give 5 lacs as it is not in the spirit of natuaral justice .

Kumar Doab (FIN)     17 February 2013

It shall be appropriate to show the copies of standing orders of the company, appointment letter, and bond to a competent and experienced labor consultant/service lawyer and give inputs in person and feedback on some of the questions which may help the employee. E.g.

Has the manager lodged a compliant and are there any witnesses for the manager?

Has the company issued any stinker/notice/show cause notice to employee and has it initiated any inquiry?

Has the employee submitted any complaint/minutes and are there any witnesses for the employee?

What is the ground for creating the bond and how does it justify the huge amount of 5 Lacs? Has the company incurred expenses on providing some training which shall add to specialized skill of the employee or qualification of the employee?

 

In the meant time you may find the attachments useful.


Attached File : 948301953 417759075 validity of employment bonds.pdf, 948301953 background paper.pdf downloaded: 97 times

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