Training Bond

Software Engineer

Hi,

I am working with leading IT organization. At the time of joining the organization asked me to sign the bond of 2 years and Rs. @ lakhs for the training they have provided. I have signed the bond as it was the recession time. Now I want to leave the organization and they are asking me to pay the bond amout (i.e. 2,00,000). I don't think that this is a legal as signing a bond is not legal. Please suggest.

- Nilesh

 
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(Confidential)

When did you join? Can you specify the date? If it has already crossed two years it means the bond claim is void.

 
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IF they have given training to you and if they have proof of the same then they can claim for money otherwise no liability from your side.

 
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Software Engineer

I have completed 1 year in the system. Also the bond is for the trainee and for the training. I got converted as permanent employee 7 months back. So is the bond void or not? Also the there was not enough training provided to claim 2 lakhs. They have never taken the sessions as such. They have just provided all the training material to study but I don't remember signing any document for confirmation.

 
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(Confidential)

I believe one more year is still there in the bond to  be served then. 

 
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Software Engineer

My question is, Is the bond legal in Maharashtra? Please let me know.

 
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(Confidential)

IMHO particular states don't seem to have any exemptions in this perspective. Let us wait to see if some legal expert from Maharastra comments on this.

 
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