I have signed a one year bond of Rs. 1 lakh with my current company which is of 2 years. the company is situated in Ahmedabad, Gujarat. Now I am no more interested to work with the same company do to some reasons. I have completed 1 year in the company.
So my question is how far this bond is legal in terms of keeping me to work in the company.
and if I break the bond, will I have to pay Rs. 1 lack as a liability?
Please advice me on the same.
Your response will be highly appreciated
Asked in Labour from Ahmedabad, Gujarat