You should not keep yourself under anxiety or hurriedly take decisions.
You may chose and decide what you want to do
: contest the bond and its conditions, and do not pay the bond amount and liberate yourself from the bond. For this you should show the bond, and all communications, appointment letter, etc. to a lawyer. If the employee does commit blunder its employee who gets the relief in the end. Your lawyer shall require studying the content and intent of the bond. Hope you have gone thru the link provided by learned Mr.Chandrasekhar. You shall be paying Rs.50000/ (against an amount of Rs.2 lacks bond) out of salary of two Rs.2 lacks, collected by you from company. No competent employee of the company has given in writing top you that company shall accept Rs.50000/ against Rs. 2 lacks bond and company shall supply relieving letter to you after you pay Rs.50000/
You alone would know how useful and worthy the “two weeks training on a process” has been for your future and resume or candidature. How much company has earned thru you and work done by you thru “two weeks training on a process”. Was it really a training or job work? Moreover the bond is executed after you have returned back from abroad.
: pay the bond amount. For this you should obtain a written communication from the company stating they shall issue relieving letter within say 2 days after the receipt of cheque for Rs...........whatsoever amount you agree to pay, and they shall issue receipt of cheque then and there when you handover the cheque. Company is stating everything to you verbally only. It is felt that company shall keep on exerting pressure thru verbal communications and shall not provide in writing.
Company can not force you to remain in employment and has to provide the service certificate. You can submit the company property and obtain acknowledgment that nothing is pending to be submitted by you, and this can be as good as NDC.You can complete all tasks on hand and obtain a communication stating all tasks have been completed by you, and if the company does not issue such communication, you can submit a communication under acknowledgment from your end stating you have completed all tasks e.g...............and nothing is pending at you end, and this can be as good as NOC. You are within your rights to demand and get from 16, settlement of a/c, F&F, PF accumulation reports, PF transfer/withdrawal forms, service certificate, NOC/NDC etc.
It is suggested that henceforth you should consult elders in the family, competent and experienced well wishers, lawyer/law firm before signing on the dotted line. It is better than to suffer later.
