Legal Question in Employment Law in India
Hello sir, i have joined genpact before one mnth and have signed up for one year service agreement, but now I'm thinking to leave the organization.. Many of my friends told that service agreement has been removed and is not legal in India. Is it so?? What do I have to do now?
1 Answer from Attorneys
29.03.2016
Dear Sir / Madam,
Yes, an employment or service bond of any form or nature whatsoever is illegal and a criminal offence. Your contractual engagement with the Company is based on a simple mutually beneficial condition - you work for the establishment for its benefit and progress and in turn you get compensated and paid in return for your services. If you have decided to quit, you need to submit your resignation to the Company mentioning your last working date which is based on the notice period clause of either 7 days or 15 days (during probation) and 30 days (if confirmed) requesting the Company to give you your full and final settlement dues on the last working date and a Service Certificate.
Regards,
Related Questions & Answers
-
What is the minimum period of service for payment of gratuity- 5 years service or 4... Asked 3/27/16, 11:46 am in India Labor and Employment Law
-
What are legalistic activities conducted in police station before and after... Asked 3/27/16, 3:16 am in India Labor and Employment Law
-
Hi Sir, Most of my Friends are working as HR Manager, and they informed me it is... Asked 3/24/16, 9:56 am in India Labor and Employment Law
-
Hi i have resigned in oct-2015from a pvt ltd company from the post Sr executive... Asked 3/23/16, 4:20 am in India Labor and Employment Law