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Author Topic: EMPLOYMENT LAWS  (Read 437 times)

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Offline ashokhrk@rediffmail.com

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EMPLOYMENT LAWS
« on: December 29, 2015, 03:59:52 AM »

1. I have joined a company with a bond of 2 years for a sum of 2lac
2. but the atmosphere is not good

and i want to leave the organisation please advise.

Offline riteshmaity

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Re: EMPLOYMENT LAWS
« Reply #1 on: April 22, 2016, 07:58:35 AM »
Bond is not absolute. However, without seeing the bond, it is very difficult to advice. However, Supreme Court has clearly stated that a company cannot stop its employees to join another company for better future. You can read about it in my blog post here -

https://labourlawhub.com/2016/02/19/your-company-cannot-stop-you-from-joining-its-competitor/

Even if the bond is valid, the company cannot adjust/ deduct from your salary/ dues etc. even if you leave before 2 years. Only option open to recover Rs.2 lacs from you is through money suit which is expensive and time consuming.
Linkedin - https://in.linkedin.com/in/riteshmaity
Labour law blog - www.labourlawhub.com
Email - ritesh.k.maity***at***gmail.com
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