IT Company Bond | Vkeel - Free Legal Advice

Naveen

HYDERABAD

I have written a bond for an IT company for 3 years. However after working for 2 years 7 months, I have decided to leave due to a financial crisis, Now they are asking me to pay 2,00,000 + GST and my current CTC is 3 LPA. Or else they are not going to provide a relieving letter. Can I pay the amount for now and after receiving all my experience letter and relieving letter. Can we raise a case against them to get the money back? I'm in the early stages of my career and I don't want to disturb it without experience letters and all.

Expert's Answers(5)

xxxxx cxxxxx
Bengaluru, Karnataka

184 Client Ratings

Dear Sir, The High Courts says employee is liable to pay only the amount which the employer spent on your training. Any way take wise decision. Please give me Rank 5 and Review my Resume and Follow me if my answer satisfies you

May 26, 2020
Advocate Abhimanyu Gurawalia
Patli Hajipur, Haryana

60 Client Ratings

it depends on the condition between you in bond

May 26, 2020
H K Chaturvedi, Advocate Supreme Court.
Noida, Uttar Pradesh

12 Client Ratings

Dear Naveen, If you pay contractual amount at this stage, then later on you can not raise claim for the same amount. You may have to take decision at this stage only. I think you understand contact liabilities etc. Take proper legal action.

May 25, 2020
Advocate Shubham
New Delhi, Delhi

ISSUE A LEGAL NOTICE AND FOR MORE INFORMATION CONTACT ME.

May 25, 2020
Advocate Raj Sinha
Muzaffarpur, Bihar

3 Client Ratings

what types of term and conditions you agreed......it is necessary to know....then we shall give u right path or suggestions

May 25, 2020