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Anonymous
Dear All,
I m working in a IT company from 5 Month and i want to resign my job due to my personal issues.
as i m having a 2 years of bond there are asking me to pay 50K if i break the contract
can you please advice me on this
Thanks

From India, Hyderabad
nathrao
3131

You have knowingly entered into a bond which is a legal document.
Now you are looking for escape routes.
Did this personal problem come up suddenly??
One must live up to commitments entered into voluntarily.
Now did the company give you any special training for the job?
If so the company will be able to recover training costs from you.

From India, Pune
Anonymous
No Special training is given, we have trained and guided by our seniors .
and its very difficult for me to contiune here.
as i already discussed about my problem here but our HR is not agreeing and asking me to pay the amout and go

From India, Hyderabad
sunil_choughule
12

At outset, I would like to help but relationship between you and company is not clear. Second subject matter of bond is also not specified.
Unless details or language of bond studied, it would be impossible to advise on this subject.
However I would suggest if company has brand name then you should bear this pains. Otherwise it shall be very difficult for you once bond is broken and personal records is spoiled.
So please be careful while dealing with this. Its question of your life, Please remember this will have long time impact on your career.
Even then you wish. would suggest to provide details bond without such details it will misguide you.
With Warm Regards.

From India, Mumbai
fc.vadodara@nidrahotels.com
734

Until the terms of the bond is not known it will be very difficult to give any view, please read and understand every clause of the bond if there is any chance to exit smoothly, as the other member has rightly said since the bond was mutually agreed upon and signed, then the exit should be in mutually agreeable conditions.
From India, Ahmadabad
Mahr
477

Hi,
Did you sign the agreement on a bond paper or on the company letter head? Nowadays signing a contract on the company letter head is also termed as "Bond". Again many employees who have personal emergencies, land up in another company :)
Please give us some clarity.

From India, Bangalore
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