I have to pay bond amount of seventy five thousand rupees for leaving my company (IT company) which is being adjusted with my salary for now .
I just want to ask whether the HR can deny me giving the xerox copy of the bond based on which I have to pay amount .
And also what kind of letter I should expect from them that should properly say that I have paid that much amount and I am free to work in other company after serving my notice period .
From India, Mumbai
I just want to ask whether the HR can deny me giving the xerox copy of the bond based on which I have to pay amount .
And also what kind of letter I should expect from them that should properly say that I have paid that much amount and I am free to work in other company after serving my notice period .
From India, Mumbai
Hi Ramsyadav,
Do you remember the clause which was mentioned in the bond which you had signed with the company? They cannot deny to give you a copy of the bond which you had signed as that is your right to ask. Also upon receipt of your amount, they should give you a final clearance letter or a F&F letter. I think you definitely need to check with a lawyer before moving ahead on payment.
From India, Bangalore
477Do you remember the clause which was mentioned in the bond which you had signed with the company? They cannot deny to give you a copy of the bond which you had signed as that is your right to ask. Also upon receipt of your amount, they should give you a final clearance letter or a F&F letter. I think you definitely need to check with a lawyer before moving ahead on payment.
From India, Bangalore
The company is bound to give you a copy of the bond for your record.
Why do you have to pay bond money? What are the circumstances of your leaving the job -give more clear details-when you joined-why are you leaving,what notice have you given them etc.
Your post is incomplete and with these details advice/suggestions cannot be useful.
Put in a written demand/request for a copy of agreement.
From India, Pune
Why do you have to pay bond money? What are the circumstances of your leaving the job -give more clear details-when you joined-why are you leaving,what notice have you given them etc.
Your post is incomplete and with these details advice/suggestions cannot be useful.
Put in a written demand/request for a copy of agreement.
From India, Pune
dear Rams yadav ,
Bond is agreement between two parties .Both parties (therefore ) shall have copies .
After Completing Bond amount in STIPULATED TIME as specified in Appointment /Offer letter ,take in writing that the Complete amount has been received & same will be paid to the individual as per Contract Terms .
regards
From India, Mumbai
Bond is agreement between two parties .Both parties (therefore ) shall have copies .
After Completing Bond amount in STIPULATED TIME as specified in Appointment /Offer letter ,take in writing that the Complete amount has been received & same will be paid to the individual as per Contract Terms .
regards
From India, Mumbai
Unless the company is giving the special training in abroad / locally in outside by spending the money , then the company can recover the amount - that also only the actual money spent by them. If it is not there, then the company has no right to recover the amount from the employee ,based on the bond , which is not enforceable in court of law.
For deducting any amount from the salary / wages other than statutory dues, written consent from the employee is required before deducting amount from the salary.
From India, Bangalore
For deducting any amount from the salary / wages other than statutory dues, written consent from the employee is required before deducting amount from the salary.
From India, Bangalore
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