Corporate

I am working at xxx company. They trained me 8 months with stipend of 10000 month. Then here is i m working as trainee engineer as full time employee with around 29k/m salary since last 4 months and I have signed a bond with 10 rupees no judiciary stamp paper and if I break bond I have to pay 4 lakh rupees it states.

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Advocate By LEAD INDIA Answered: 28 Feb 2024

Sir, an employee bond specifies that the worker will join the company and work there for a pre-determined amount of time or immediately from the time of his/her training starts. The employee will be required to reimburse the company for "liquidated damages" if they choose to depart before the pre-arranged period. For further details contact us on our helpline number.

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