Hi,
One of my friend working in one XYZ company. He signed a Bond (6 months completed) for 3 years(otherwise RS.3laks) and 3 months notice period for relieving.
Now the problem is he got good job from one MNC (with good CTC) and he wants to leave from current job and to join in New company....
He knows very well that, the Current employer may not relieve him if he is working notice period also (because he signed bond). But new employer (New HR) ready to take him without any Relieving & experience letter (they are saying only Resignation mail copy is enough).
He is in confusion that, New employer may terminate him in future if they dont want him bcz of this reason (joining without relieving order). and current employer may take some legel action because he is going to break the bond and Notice period....
Please tell me...what advice i can give it to him because he dont want to miss the New opportunity...
please reply ASAP, its urgent....
One of my friend working in one XYZ company. He signed a Bond (6 months completed) for 3 years(otherwise RS.3laks) and 3 months notice period for relieving.
Now the problem is he got good job from one MNC (with good CTC) and he wants to leave from current job and to join in New company....
He knows very well that, the Current employer may not relieve him if he is working notice period also (because he signed bond). But new employer (New HR) ready to take him without any Relieving & experience letter (they are saying only Resignation mail copy is enough).
He is in confusion that, New employer may terminate him in future if they dont want him bcz of this reason (joining without relieving order). and current employer may take some legel action because he is going to break the bond and Notice period....
Please tell me...what advice i can give it to him because he dont want to miss the New opportunity...
please reply ASAP, its urgent....
From India, Bangalore
Looking at the bond amount (3 Lakhs) its not advisable to leave that company. Because once you have signed a legal bond and being significant amount of money the company might put you in legal issues.
Has this Bond issue discussed with new employer?
From India
1Has this Bond issue discussed with new employer?
From India
Hi Mr. Vilok Nandan,
he has discussed with New HR abut this bond (which is not carrying witness and surety. and no sign. from Current Company side in the bond.)
New HR said that, once he joins in his organization he will take care of all those things.
From India, Bangalore
he has discussed with New HR abut this bond (which is not carrying witness and surety. and no sign. from Current Company side in the bond.)
New HR said that, once he joins in his organization he will take care of all those things.
From India, Bangalore
Bond is entered by company to its safety i.e to keep employee with company for bond period as company is incurring expenses on training and Development of Employee and to save itself from regular process of recruitment and Resignation .. thus its not advisable to leave that company. Because once you have signed a legal bond you have entered the agreement with the company . The Breach of agreement might put you in legal issues and recover bond amount . You can discuss with HR if mutually you can be relieved if possible
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Employer-PF-res trict to wages of Rs 6500.pdf