Ask Experts Questions for FREE Help !
Ask
    balunadella's Avatar
    balunadella Posts: 6, Reputation: 1
    New Member
     
    #1

    Nov 1, 2011, 03:33 AM
    How to proceed for bond break in companies if we are submit the secuirity cheque also
    I was joined in a software company in June 2011. . I agreed for 2 years bond at the time of joining. . But I didn't receive salary for exact time.. . In the September month I kept leave for 3weeks because of my health problem. . Company did not give August month salary till now. . They did not respond for my mails also. . I submitted the cheque for 1 lac as security. . No I want to leave that irresponsible company by breaking the bond. . Please any body help me what to do?/ and how to do?
    AK lawyer's Avatar
    AK lawyer Posts: 12,592, Reputation: 977
    Expert
     
    #2

    Nov 1, 2011, 08:09 AM
    What sort of a bond was this? You were an employee? This fee you paid, 1 lac, was that the premium charged for the bond? Are you in India?
    balunadella's Avatar
    balunadella Posts: 6, Reputation: 1
    New Member
     
    #3

    Nov 1, 2011, 08:22 AM
    You I am in india.. .
    balunadella's Avatar
    balunadella Posts: 6, Reputation: 1
    New Member
     
    #4

    Nov 1, 2011, 08:25 AM
    You I am employee.. how to know what type of bond that I agreed? Please do needfull . Explain clearly. .
    balunadella's Avatar
    balunadella Posts: 6, Reputation: 1
    New Member
     
    #5

    Nov 1, 2011, 08:29 AM
    I did not pay 1 lac. . I just gave the cheque as secuirity. . Now they talk like we will deposit that cheque and make complaint on you.. . Like that.. .
    AK lawyer's Avatar
    AK lawyer Posts: 12,592, Reputation: 977
    Expert
     
    #6

    Nov 1, 2011, 09:20 AM
    Quote Originally Posted by balunadella View Post
    ... how to know what type of bond that i agreed?? .../
    I ask that question because where I come from, an employee isn't normally, as a matter of course, expected to pay for a bond.

    I see. The check, deposited in lieu of a bond, was conditioned upon your continuing to work for the company for a specific amount of time. Whether the company's late-payment of your salary, etc. excuses your performance would depend upon, among other things, the terms of your employment contract.
    balunadella's Avatar
    balunadella Posts: 6, Reputation: 1
    New Member
     
    #7

    Nov 1, 2011, 09:36 AM
    I will attach my bond copies tomorrow. . Please refer once give your valuable advice.. . Is there any chances to get my certificates,check with out pay anything to the company. .
    AK lawyer's Avatar
    AK lawyer Posts: 12,592, Reputation: 977
    Expert
     
    #8

    Nov 1, 2011, 09:46 AM
    Quote Originally Posted by balunadella View Post
    i will attach my bond copies tommorrow . . please refer once give your valuable advice . . . is there any chances to get my certificates,check with out pay anything to the company . .
    The paperwork is in English I hope. :)

    You might want to make a stop-payment request to your bank, if that is possible there.
    balunadella's Avatar
    balunadella Posts: 6, Reputation: 1
    New Member
     
    #9

    Nov 1, 2011, 09:51 AM
    You it is in english only. . And one of my friend said that if we make stop payment. . it will turn to criminal case by the reason of intension to cheat like that. .
    AK lawyer's Avatar
    AK lawyer Posts: 12,592, Reputation: 977
    Expert
     
    #10

    Nov 1, 2011, 12:39 PM
    Quote Originally Posted by balunadella View Post
    ya it is in english only . . and one of my frnd said that if we make stop payment . .it will turn to criminal case by the reason of intension to cheat like that . .
    Yes, it is possible, depending on the specific definition of such a crime in your country. I can't help you there, other than to suggest that perhaps you had no such intention at the time you wrote the check and, even now, you do not subjectively believe that you owe the money to them. Again, depending on the banking laws where you are, a check may not be cashed after a certain period. In some places I believe that time is six months. You wrote the check in June?

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Why LiAlH4 reduce alpha hydrogen substituted acetylenic bond,not isolated double bond [ 0 Answers ]

Assalam o Alaikum! I want to ask Question about reducing agent LiAlH4, as Lithium Aluminium Hydride,not much selective as Sodium boro hydrates.. LiAlH4 reduces not only Aldehydes or ketones,but also acids, acid halides,esters, nitrile, imine, and nitro group etc.. it can reduce the alpha...

Does a "post dated cheque" comply with the definition of a cheque? [ 2 Answers ]

Is such a cheque a valid negotiable instrument?

Credit card companies/collection companies attaching our incomes/accounts. [ 3 Answers ]

I am 72, on Social Security plus a moderate City Retirement pension (local government, Washington state). My husband is 57, disabled, on Social Security Disability and has a small pension from the San Diego Zoo. If we are unable to pay one or more credit cards, can those CC companies, or...

When companies sell their receivables to other companies , the transaction is called [ 2 Answers ]

1- Receivables from company owners and officers should be disclosed separately on the balance sheet. True or false 2- Receivables not currently collectible are reported in the investments section of the balance sheet. True or false.

Break and space from girlfriend, not sure of how to proceed [ 21 Answers ]

My girlfriend for 2 years has asked for a break to figure out how she feels. She's 23 and Im 25. I've read other posts and this seems normal to happen. She lost some feelings during the relationship and wants to know how she really feels. It's been a couple of days since this break. She says...


View more questions Search