Hi,
We are currently training probationers and are plannning to offer some of them permanent employment on succesful completion of probatiton.
However , we want them to sign a bond to the effect that they will work for our company for a period of 2 years.
Can somebody please send me a sample bond and also mention which clauses can be legally be put in the bond.
Regards,
VM
From United States, San Jose
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We are currently training probationers and are plannning to offer some of them permanent employment on succesful completion of probatiton.
However , we want them to sign a bond to the effect that they will work for our company for a period of 2 years.
Can somebody please send me a sample bond and also mention which clauses can be legally be put in the bond.
Regards,
VM
From United States, San Jose
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Dear Friend,
Kindly click on the following link, it will give you some required information,
https://www.citehr.com/download-list.php?query=Bond
Pls let me know was this information useful,,
If not let me try out more & give information,,,,
Regards
M. Peer Mohamed Sardhar
093831 93832
From India, Coimbatore
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746Kindly click on the following link, it will give you some required information,
https://www.citehr.com/download-list.php?query=Bond
Pls let me know was this information useful,,
If not let me try out more & give information,,,,
Regards
M. Peer Mohamed Sardhar
093831 93832
From India, Coimbatore
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Thanks for help.
It was quite useful. I had one more question, how much money should be claimed if the employee breaks the bond? Should it match to the money spent by company or can it be more?
For example , we have spent about 30000 rs. for training, can we put the penal amount as 1 lakh?
Please clarify . Thanks in advance
From United States, San Jose
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It was quite useful. I had one more question, how much money should be claimed if the employee breaks the bond? Should it match to the money spent by company or can it be more?
For example , we have spent about 30000 rs. for training, can we put the penal amount as 1 lakh?
Please clarify . Thanks in advance
From United States, San Jose
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Hi all,
This is Nikki. Two weeks back, I joined a job in a software company by signing a 3-year bond. In that, it specified that I should work for 3 years there. If I breach the bond, I should pay 1.5 lakh amount, else they would file a case against me in court. Now, I got a good job in an MNC, and I want to join there. If I quit this job, will they file a case against me in court? I am just fearing about that. Can anyone tell me the solution? Whether employment bond is legal? Will it work in court? Please, guys, do help me. I signed a 20 rupees bond paper. Tell me the legal value of this.
Thanks,
Nikki Sam
From India, Madras
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This is Nikki. Two weeks back, I joined a job in a software company by signing a 3-year bond. In that, it specified that I should work for 3 years there. If I breach the bond, I should pay 1.5 lakh amount, else they would file a case against me in court. Now, I got a good job in an MNC, and I want to join there. If I quit this job, will they file a case against me in court? I am just fearing about that. Can anyone tell me the solution? Whether employment bond is legal? Will it work in court? Please, guys, do help me. I signed a 20 rupees bond paper. Tell me the legal value of this.
Thanks,
Nikki Sam
From India, Madras
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