i am under training period at a PSU and have executed a bond amounting rs.3 lakhs
I have also been recently selected in a higher paying PSU and want to join the same.
there is no bond in this 2nd PSU. I have read somewhere that govt Of India has issued the directions to PSUs regarding bond transfer such that if a person shifts from one psu to another psu his/her bond liabilities be transferred to the 2nd company ..However my present psu says that recently its board members have changed the rules and they won't allow any bond transfer and i'll have to pay the above-mentioned amount if i want to join the 2nd PSU...
Kindly tell me if some rules have been changed by the department of public enterprises or still can i get my bond transferred by communicating through proper channels.
1 Answer from Attorneys
Dear Sir / Madam,
Asking an employee to execute a service bond is against the principle of natural justice since it is equivalent to bonded labour, which is draconian and against the law. You should request your present PSU for waiver of the service bond and to release you.
Related Questions & Answers
Dear Sir, I am looking forward to hear something positive from you regarding my... Asked 5/03/13, 1:33 pm in India Constitutional Law
Merely filing of an F.I.R against a person can debar him from his selection Asked 5/02/13, 7:24 am in India Constitutional Law
How Protect Rape Case In India? In INDIA Daily New case are coming up related with... Asked 4/21/13, 2:41 am in India Constitutional Law
To my self i am dhruvesh , i have worked for an organisation for 3 months . now i... Asked 4/17/13, 5:31 am in India Constitutional Law
Casual labour working in Govt Deptt. suffers during service-entitlement Asked 4/02/13, 5:12 am in India Constitutional Law