I’ve been working at PSU1 for the past 16 months and recently applied for a job at PSU2, letting my current organization know. I’m also preparing for the UPSC exams and informed them about that too. Now, I’ve received an offer from PSU2 and got an NOC from PSU1 with the possibility of a bond transfer. Can I transfer my bond twice – first from PSU1 to PSU2 and then from PSU2 to UPSC?

Apni Law
Apni Law
Law Forum › Category: Labour & Service › I’ve been working at PSU1 for the past 16 months and recently applied for a job at PSU2, letting my current organization know. I’m also preparing for the UPSC exams and informed them about that too. Now, I’ve received an offer from PSU2 and got an NOC from PSU1 with the possibility of a bond transfer. Can I transfer my bond twice – first from PSU1 to PSU2 and then from PSU2 to UPSC?
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Apni Law Staff asked 2 years ago

I’ve been working at PSU1 for the past 16 months and recently applied for a job at PSU2, letting my current organization know. I’m also preparing for the UPSC exams and informed them about that too. Now, I’ve received an offer from PSU2 and got an NOC from PSU1 with the possibility of a bond transfer. Can I transfer my bond twice – first from PSU1 to PSU2 and then from PSU2 to UPSC?

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Best Answer

Apni Law Staff answered 2 years ago

Under Indian law, you can transfer your bond from PSU1 to PSU2 as the NOC allows it. However, transferring the bond again from PSU2 to UPSC is unlikely to be legally permissible as UPSC is not a company or organization bound by such agreements.

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