Legal Question in Administrative Law in India
Validity of one sided agreement
I have run into an agreement with a company to work for five years against a bond of Rs 300000 after pursuing my pg in reputed institute which will be sponsored by the company. The bond in One sided where no representative from Organisation attended the agreement.
Kindy suggest if the agreement is valid if i quit the org. after finishin only one year of service. Am i legally bound to work for whole of five years? Pls mention under which clause I can be held responsible for completing five yrs of work or payback the Bond amount.
3 Answers from Attorneys
Re: Validity of one sided agreement
you need to send the copy of the agreement. unless and until the clauses are read out, no advice can be given.
Re: Validity of one sided agreement
Under indian law an agreement is vitiated if it is entered underfraud, undue influence, coercion or contrary to any existing law. It is not possible to give proper reply unless one sees the clauses in the agreement.
Re: Validity of one sided agreement
Here the crucial element is the agreement. No legal opinion can be given without having a close look at the agreement.
Dr. M C Gupta
MBBS [AIIMS], MD, Internal Medicine [AIIMS], MPH [San Carlos Univ.]
LL.B. [DU], LL.M. [KUK]
Fellow, United Nations University
Ex-Professor & Dean:
National Institute of Health and Family Welfare
Ex-Additional Professor:
All India Institute of Medical Sciences
Advocate
Health and Medico-legal Consultant
Member, Supreme Court Bar Association
Member, Indian Law Institute
http://www.medindia.net/myhome/mcgupta44
www.writing.com/authors/mcgupta44
Related Questions & Answers
-
Discipline In India,suprim court has given judgement that if any employee using bad... Asked 8/28/06, 3:52 am in India Administrative Law
-
Domicile conditions in State of Maharashtra What are the conditions necessary for an... Asked 10/14/05, 1:20 am in India Administrative Law
-
Company Law I need major Points about a Company Law. For Eg : Definitions, it's main... Asked 9/12/05, 2:06 am in India Administrative Law
-
Related to extra income from other sources other than the salary dear sir/madam can... Asked 7/31/05, 2:18 am in India Administrative Law
-
Domicile I am a Defence Officer presently posted in the State of Maharashtra. I want... Asked 4/19/05, 3:38 am in India Administrative Law