I joined a company as a trader, signing a 2-year training agreement. The actual work was vastly different from what was promised. After 7 months, I resigned giving a 30-day notice. The contract states I have to pay ₹100,000/- if I break it. My director agreed to accept two months’ salary, ₹50,000/-, in place of the bond. I can’t afford to pay more. What can I do to resolve this situation?

Apni Law
Apni Law
Law Forum › Category: Labour & Service › I joined a company as a trader, signing a 2-year training agreement. The actual work was vastly different from what was promised. After 7 months, I resigned giving a 30-day notice. The contract states I have to pay ₹100,000/- if I break it. My director agreed to accept two months’ salary, ₹50,000/-, in place of the bond. I can’t afford to pay more. What can I do to resolve this situation?
Vote Up
292
Vote Down
Apni Law Staff asked 2 years ago

I joined a company as a trader, signing a 2-year training agreement. The actual work was vastly different from what was promised. After 7 months, I resigned giving a 30-day notice. The contract states I have to pay ₹100,000/- if I break it. My director agreed to accept two months’ salary, ₹50,000/-, in place of the bond. I can’t afford to pay more. What can I do to resolve this situation?

1 Answers
Vote Up
31
Vote Down

Best Answer

Apni Law Staff answered 2 years ago

You can try negotiating a further reduction in the bond amount, citing the significant difference between promised and actual work. If unsuccessful, you could explore legal options by demonstrating the breach of contract by the company and seeking legal advice to potentially challenge the bond amount.

You Might Also Like

Dear Sir/Madam, I worked as a content writer at a firm for nearly four months. Due to unforeseen circumstances, I had to resign. I informed the CEO through email, stating my willingness to serve my notice period. However, due to a sudden health issue, I was unable to complete my notice period. While I expressed my intent to make up for the missed days, I was asked to leave immediately. Although my employer assured me of a personal discussion about my salary later, I haven’t been contacted. I followed up with an email to the CEO, but haven’t received a response. My colleagues are facing a similar situation, being denied their earned salary for not providing prior notice. What legal options do we have to recover our dues?

Is it possible to seek compensation in a civil court before the police file a formal charge sheet in a related criminal case? Also, can a property be legally sealed before the charges are filed in the criminal case?

I’m doing my second semester of MBA and have a full-time job I started during my first semester. I signed a two-year contract, but now the management is terrible. My college is offering me a three-month internship at a top 100 MNC with great pay! My director says my life after work hours is my own, but a friend warned me about legal issues if I take the internship while still employed. What should I do?

My company in Bangalore has outstanding invoices from a multinational corporation (MNC). We didn’t send them on time, and now they say their financial year is closed and won’t pay. Should we send them a legal notice, or is there another solution?

I’m a Maratha (ESBC) candidate who applied for a Junior College Teacher position through direct recruitment. I secured the second rank in Maharashtra through the online exam conducted by MKCL Oasis portal. However, despite my merit, the institute refused my selection for an open post, claiming I should only be considered when the ESBC category vacancy arises. Is this decision justified, and can I be considered for the open post based on my merit?

Share This Article
Previous Article My in-laws want to give their property to their daughter. Can they legally do this? What rights do they have to our property after marriage?
Next Article My father passed away in 1992 without leaving a will for his self-acquired property. We have two brothers, five sisters, and myself, the youngest son. My mother passed away before him. Our eldest sister sadly passed away in 1978, leaving behind a son. She was later remarried to her brother-in-law. A legal case was filed in 1999. I’m wondering, considering the recent Supreme Court rulings on a daughter’s inheritance rights, is her son eligible to inherit a share of the property? We’ve been paying property tax in my father’s name.

Follow US

Find US on Social Medias
Popular News
- Advertisement -
- Advertisement -
Ad imageAd image

📢 Stay Connected!

Join our community on Telegram and WhatsApp for instant updates, news, and exclusive offers.