Serivce bond

Has the company demanded in writing?

You must show all docs on record to an able labor Law Consultant/Service matters lawyer/Law firm including job advt.,job application,interview call leter,selection letter, offer letter,appointment letter, HR policy/Service Rules and regulations and any other rule/policy mentioned in appointment letter, Employee handbook,Bond, all communications on record, awards/rewards,appreciations, business/revenue/profits fetched by you……………..etc before you proceed further and start writing to the company……………..and preferably let your lawyer draft your representations……..

The Bond was drafted in lieu of what extra Ordinary favor by the company e.g. some certified training from some certified Instt. That added to the qualification? Is the reason for the bond stated in Bond? When was the Bond was placed before you ; before or after signing appointment letter and was it stated in any of the communication that on joining you will have to sign the bond due to reason……..?

The liquidated damages stated in the Bond may not necessarily have to be paid on demand and may have to be proved………………….and if the matter id taken to court the courts may award Pro rated compensation e.g.

150000/24*6

Before that you should ( preferably as per draft prepared by your lawyer…..and if and only if your lawyer advices for it……addressed to good offices of appointing authority/MD) in  a gentle manner decline stating NO training or extra Ordinary favor was granted to you for which Bond was envisaged, and you have contributed (highlight everything) hence good offices of appointing authority should take back the demand of Bond amounts…………………………and thereafter cite prorated amounts too in a language that can be perceived as if you are forced…………. 

WHY DID YOU SIGN THE BOND? IF YOU HAVE, YOU SHOULD ABIDE BY IT.