I’ve been working as a trainee at an IT company for the past three months. When I joined, they made me sign a three-year bond and asked for a security deposit of ₹2.5 lakhs. Now, I’m feeling stuck and want to leave. Will I have to pay the entire ₹2.5 lakhs if I quit? What should I do?

Apni Law
Apni Law
Law Forum › Category: Labour & Service › I’ve been working as a trainee at an IT company for the past three months. When I joined, they made me sign a three-year bond and asked for a security deposit of ₹2.5 lakhs. Now, I’m feeling stuck and want to leave. Will I have to pay the entire ₹2.5 lakhs if I quit? What should I do?
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Apni Law Staff asked 5 months ago

I’ve been working as a trainee at an IT company for the past three months. When I joined, they made me sign a three-year bond and asked for a security deposit of ₹2.5 lakhs. Now, I’m feeling stuck and want to leave. Will I have to pay the entire ₹2.5 lakhs if I quit? What should I do?

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Best Answer

Apni Law Staff answered 5 months ago

Under Indian law, a bond requiring a security deposit exceeding your training costs is likely unenforceable. You should consult with a lawyer to understand your rights and negotiate a fair settlement. You might be liable for a portion of the training cost but not the entire ₹2.5 lakhs.

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