Corporate Employment Bond For 3 Years

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Employment bonds are not automatically illegal, but they must be reasonable. A company can only recover actual training or loss incurred. A fixed penalty (like ₹2 lakh) without proof of actual loss may not be legally enforceable. If you have already paid the amount, you can: 1. Ask the company to justify the amount with proof of actual loss/training cost 2. Send a legal notice for refund if the amount is excessive or arbitrary 3. Take legal action for recovery if required Courts generally do not support unfair or excessive bond conditions. You may proceed after reviewing your appointment letter and bond terms carefully.

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