Should I pay the bond amount?
Situation : I signed a contract with a company (employer) which had a Clause that in case of failure to join the company, I will need to pay INR 25,000. After signing, I heard many bad reviews about the company and decided not to join. Now the company is asking me to pay the amount INR 25,000 (to cover loss of recruitment cost, waiting time etc) failure to which they will take legal action. Am I legally bonded to pay the amount?
Lawyers answer this question
For More Details Contact On
First check out the that whether that company is authentic or not. There are many fake compnies in the market which are cheating the people. If you find any wrong then lodge police complaint to. If the company is genuine then first go through agreement then we will decide.
38 user found this answer helpful
Disclaimer : This answer is based on information given by you hence, It is just opinion of Lawyer. For specific answer you have to give details and facts and choose the Lawyer of your choice.
Lawyers: To answer this question, please Sign In
to your account or wait for admin approval.