Legal Question in Employment Law in India

Hi,

My company is sending me for an overseas training for a period of 5 weeks and is asking me to sign a bond for 1.5 years. There is also a statement in the bond which states " The employee specifically agrees to refrain from joining any of the competitor for a period of 1 year if he/she leaves the company". This statement seems to be open and does not tell if this 1 year is from the date of return from the training or any time after leaving the company even after some 5 years. .

First of all are these agreements legal in India? Does this statement need any change?

Please advise.

Regards,


Asked on 2/08/14, 10:53 pm

1 Answer from Attorneys
anuradha Dixit +9312411481 dixitlawfirm

if the company is spending money on your training then yes it is binding.Will they change the terms for you?? if yes then I will need to scrutnise the document.

Read more
Answered on 2/27/14, 7:58 am


Related Questions & Answers

More Labor and Employment Law questions and answers in India