I have joined a company signing an Rs. 20/- stamp paper bond stating the I should work in the company for 2 years and if I am not supposed to work I shall pay a sum of Rs. 2 lakhs to the company. Can anyone please help me to know if this bond is valid or not, I am really unsatisfied with the company?
From India, Chennai
From India, Chennai
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Legal Clarification on Negative Covenants in Employment Agreements.pdf