• Company bond

I have signed a bond which says that I have to work with the company for 2 years, now it is 1year 3 months & want to move. The monetory clause of 3.85 lacs. Can company hold my PF & gratuity if i broke the bond
Asked 2 years ago in Labour from Delhi, Delhi
1. No. Company can not touch your PF,

2. You are not yet entitled to gratuity,

3. But the Company may file a suit to recover the bond amount in case you break the bond,

4. The case will run for years which you shall have to contest.
Krishna Kishore Ganguly
Advocate, Kolkata
12695 Answers
260 Consultations
5.0 on 5.0

Ask a Lawyer

Get legal answers from top-rated lawyers in 1 hour. It's quick, easy, and anonymous!
Ask a Lawyer

Labour Lawyers

Krishna Kishore Ganguly
Advocate, Kolkata
12695 Answers
260 Consultations
5.0 on 5.0
Thresiamma G. Mathew
Advocate, Mumbai
1323 Answers
89 Consultations
5.0 on 5.0
S J Mathew
Advocate, Mumbai
1961 Answers
68 Consultations
5.0 on 5.0
Shashidhar S. Sastry
Advocate, Bangalore
1254 Answers
61 Consultations
5.0 on 5.0
H. S. Thukral
Advocate, New Delhi
524 Answers
129 Consultations
5.0 on 5.0
B.T. Ravi
Advocate, Bangalore
742 Answers
32 Consultations
5.0 on 5.0
Saptarshi Banerjee
Advocate, Kolkata
200 Answers
4 Consultations
4.9 on 5.0
Advocate Buvaneswari
Advocate, Chennai
24 Answers
12 Consultations
4.4 on 5.0
Rajinder Kumar
Advocate, New Delhi
68 Answers
4 Consultations
5.0 on 5.0
Rajni Sinha
Advocate, Mumbai
273 Answers
25 Consultations
4.8 on 5.0