On August 3, 2015, I signed a bond where they requested all my original degree certificates. They mentioned that the bond period is 3 years with a payment of 1.5 lakh per annum. I am not interested in joining. Yesterday, they created a company email ID and accessed my thumbprint. Up to now, I have not submitted a single original certificate. HR has called me and stated that if I do not join, I must pay Rs. 100,000, or they will pursue legal action. Please advise on what I can do.
From India, Hyderabad
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From India, Hyderabad
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There is nothing to worry. You have served a maximum of 2 days in the company, and they cannot charge any money from you. Do not give original certificates to the company. The company can only verify original degree certificates but cannot keep them in their custody. Just tell the company politely that you are not interested in working for them and will not join. They can only try to frighten you, but they have no real legal case against you.
From India, Pune
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3180From India, Pune
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I am signed on a 100 rupees single-side bond in which they mention that you have to pay 1000000 if you break the bond in the middle of these 3 years. They want my original documents and keep them with them. They say that 3 years later, when you are relieved from the company, they will give.
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From India, Hyderabad
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From India, Hyderabad
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Bond of Employment.doc
Bond in employment.pdf