Legal Question in Civil Rights Law in India
If i am joining a company by filling bond then what can be the legal consequence if i left the same before maturity period and also in case if it is contract of employment??
Asked on 10/17/13, 6:44 am
1 Answer from Attorneys
Fca Prashant Chavan
Expert Edge LLP
17.10.2013
Dear Sir / Madam,
A performance or service bond of any nature, being bonded labour, insisted by a Company is illegal and a criminal offence. It is not advisable to join a Company that insists on such a bond from you, because if you break the bond midway, the Company will press recovery of salary for the bond period short served by you in the Company.
Regards,
Answered on 10/17/13, 8:53 am
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