I signed a bond for ₹40,000 for a year, but the document was just a green paper mentioning an employment agreement. Is this document legally valid?

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Law Forum › Category: Labour & Service › I signed a bond for ₹40,000 for a year, but the document was just a green paper mentioning an employment agreement. Is this document legally valid?
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Apni Law Staff asked 10 months ago

I signed a bond for ₹40,000 for a year, but the document was just a green paper mentioning an employment agreement. Is this document legally valid?

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Best Answer

Apni Law Staff answered 10 months ago

A green paper document mentioning an employment agreement might not be legally valid in India. To be enforceable, an employment bond should be in writing, stamped, and signed by both parties. Additionally, it should be registered with the relevant authorities if the bond is for a significant amount.

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