Legal Question in Employment Law in India
I am currently working in a small IT company and now i got selected by a Renowned Company with better package,but i had signed a bond of 2 years and now i am willing to leave the current organisation.
Can i leave the company without paying the liquidity damage?
Should i leave without informing the company ?
Will it affect my career?
1 Answer from Attorneys
26.10.2014
Dear Sir / Madam,
You have not mentioned the tenure of your service in the present Company. If you have already completed near around the bond period of 2 years, it is advisable to pay of the prorata remaining period of the bond and join the new organization. If your tenure served in the present Company is one year or less, it is better to discuss the matter with the HR agreeing to pay three months and request them for a waiver of the remaining service period.
Regards,
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