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Dear Sir, It is legally subject to Section 27 of Indian Contract Act. But, you should not share signed cheque with any amount otherwise they may encash the same or file a cheque bounce case if you violate any of the conditions. Please give me rank after viewing my details. Please call me for further assistance.
employee bonds are legal and enforceable however if there are onerous conditions, then they are illegal.. for further assistance plz book for consultation..
Depends on how its drafted. If a lawyer made it then it will be enforceable, if a employer made themselves then it will not be enforceable.
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Dear Sir/ Madam, A bond is a valid contract under the Indian Contract Act, 1872 i.e. it must be an agreement enforceable by law. Employment agreement with the negative covenant is valid and legally enforceable if the parties agree with their free consent i.e. without force, coercion, undue influence, misrepresentation and mistake.
Employment bonds are employment agreements with negative covenant. Under the Indian Law, the employment agreements with negative covenants is valid and legally enforceable if the parties agree with their free consent i.e. without fraud, coercion, undue influence, mistake and misrepresentation.
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