DMRC had issued a Circular on 09.09.2011 by which they have laid down a policy regarding transfer of bond in resignation case, which reads as under:-
DELHI METRO RAIL CORPORATION LTD.
No.DMRC/PERS/14/2011 Dated: 09/09/11
OFFICE ORDER NO.PP/1306/2011
Sub: Transfer of bond in resignation cases.
The issue regarding transfer of bond in respect of such regular employees who intimate about their application to UPSC to join other Govt. Organizations was under consideration of Management for sometime. The Management has now decided to transfer the bond in such cases subject to the following conditions-
1. Only employees selected through UPSC may be considered for bond transfer to the new Govt. Organization.
2. The employee must have given prior intimation regarding appearing for UPSC examination.
3. The organization in which the employee has been selected should agree for transfer of bond.
4. An undertaking from the new organization that if he resigns prior to the completion of balance bond period prescribed by DMRC, the entire bond amount will be realized and remitted to DMRC.
5. No Bond transfer will be allowed for Executive Trainees trained at IIT, Delhi even for UPSC jobs.
This issues with the approval of Managing Director/DMRC.
Sd/ (Karan Singh) Executive Director (HR