Dear Santosh
1. The agreement is binding on you. You may have signed the agreement on a later date but the date on which the agreement became enforceable is your date of joining which is mentioned in the agreement.
2. However I do not find any signature of the company representative on the document, whereas you should be in possession of the copy duly signed by the company representative. I also find that the document is not signed by any surety as mentioned in the agreement. Does the company copy have the sign of the surety.
3. Does your appointment / offer letter mention of any bond.
If the answer to question 2 i.e. does company have the agreement copy signed by both the parties i.e. you and the company representative is NO then the Agreement stands to be null and void. However if the company representative mentioned in the agreement is still in service the company can get the agreement signed by him
If there is no mention of Bond in your appointment letter / offer letter and there is no sign of surety on the bond copy of the company then you can very well take a stand that the bond was forced upon you and there were threats of termination of services if you did not sign the bond.
Information that the "company had not informed to you about the bond at the time of recruitment or joining " can not be substantiated as it will be only verbal communication and company will take a stand that the information was given.
Hope this helps in making a decision.
Regards
Preetam Deshpande
From India, Mumbai
1301. The agreement is binding on you. You may have signed the agreement on a later date but the date on which the agreement became enforceable is your date of joining which is mentioned in the agreement.
2. However I do not find any signature of the company representative on the document, whereas you should be in possession of the copy duly signed by the company representative. I also find that the document is not signed by any surety as mentioned in the agreement. Does the company copy have the sign of the surety.
3. Does your appointment / offer letter mention of any bond.
If the answer to question 2 i.e. does company have the agreement copy signed by both the parties i.e. you and the company representative is NO then the Agreement stands to be null and void. However if the company representative mentioned in the agreement is still in service the company can get the agreement signed by him
If there is no mention of Bond in your appointment letter / offer letter and there is no sign of surety on the bond copy of the company then you can very well take a stand that the bond was forced upon you and there were threats of termination of services if you did not sign the bond.
Information that the "company had not informed to you about the bond at the time of recruitment or joining " can not be substantiated as it will be only verbal communication and company will take a stand that the information was given.
Hope this helps in making a decision.
Regards
Preetam Deshpande
From India, Mumbai
Hi Preetam,
Currently Company is having a copy of the Bond Signed by me & my Dad(as surety). I have seen the Bond letter which company is having now. Till now no one from the Company Has signed on it, which should have done right.
While Company offering me they sent me only Offer letter (including CTC), at one place they have mentioned about employe agreement.But it was not told to me in verbal or through mail during joining or on the day of joining.
This is true that "after I joining,after few days bond was forced upon me and there were threats of termination of services if I did not sign the bond. "
Regards
Santosh K.M.
From India, Bangalore
Currently Company is having a copy of the Bond Signed by me & my Dad(as surety). I have seen the Bond letter which company is having now. Till now no one from the Company Has signed on it, which should have done right.
While Company offering me they sent me only Offer letter (including CTC), at one place they have mentioned about employe agreement.But it was not told to me in verbal or through mail during joining or on the day of joining.
This is true that "after I joining,after few days bond was forced upon me and there were threats of termination of services if I did not sign the bond. "
Regards
Santosh K.M.
From India, Bangalore
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Bond of Employment.doc
Bond in employment.pdf