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View Full Version : Bond breaking in company


ugeshtaneja
Oct 24, 2012, 06:47 AM
I have signed a bond for one year now I have completed 3 months with muthot finance.
I agreed to pay my last two months salary(approx 10,000) if I leave the company before one year but now i'm planning to leave but i dont want to pay as i dont hav money and even i dont want the experience latter as well .
So can company take any legal action against me if yes than what it will be and its impact on my carrier .

Thanks and regards,
Yogesh
9811005574

AK lawyer
Oct 24, 2012, 09:08 AM
... so can company take any legal action against me if yes than what it will be and its impact on my carrier .

Depending on what country you are in, yes, the company can probably sue you (or make a demand pursuant to the bond if it's a surety bond) for the two month's salary you will owe them. And if future employers ask this company about you, they may very well learn that you breached your contract.