Is an employment bond legal? How to avoid paying? ft
LLA Consult: consult.lla.in/
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Tax Planning for employees course:
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Let me tell you about a disturbing practice many employers/companies follow.
To deter employees from leaving the organization, they take signed blank cheques as security from new employees. Joining is not done until this condition is fulfilled. They take new cheques every three months and stop salaries for non-compliance.
If any Employees dares to leave during the bond period without notice, the cheque is filled by the company and encashed.
If the cheque bounces due to insufficient balance, the company files a police complaint and a criminal case against the ex-employee. With their legal might, They extort & harass the employee for years. It sets an example for others too.
No one is raising their voice against this,
Employees do not make it public as it will risk their career growth.
The legal fraternity is also largely silent as they risk losing business clients.
We recently started LLA consult ( Affordable consultations for Aam Janta), and we address many heartbreaking cases weekly.
The most recent case is of a Young Boy who started his career a year ago. He left the company to pursue further studies but now facing a police complaint and a criminal case. He is afraid and depressed and has not shared the incident with his family. As a result, his entire career is in jeopardy.
THIS MUST STOP NOW!
& I pledge to fight for this cause,
With your support, we at LLA aim to do the following,
- We will publish legal awareness content for employees so that they do not submit the cheque in the first place
- We will educate them about practices they can do if the cheque is already submitted
- If notice has been served already by the company, We will provide legal consultation and notice reply on a zero profit basis.
- We will publish anonymous case studies and expose the names of the companies that follow these practices
- We will also publish positive case studies of companies that avoid such practices.
This will be an uphill task, Jagruk Janta, and we will need your support.
This is the first video in this series. Do watch and share.
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Chapters:
0:00 Introduction
0:43 Employment Bonds and their victims
4:08 Why no one is talking about it?
7:13 Which bonds are LEGAL?
12:55 What is a reasonable bond tenure?
16:35 What are the remedies other than litigation?
23:21 Is it legal to take a blank cheque as security?
27:48 What to do if you've given the cheque?
32:09 Is it legal to take original mark sheets/certificates?
35:34 What if a cheque bounces?
40:10 What if I say that I didn't receive any notice?
40:48 What is the process of bond recovery?
42:50 Conclusion
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Read the detailed article here: labourlawadvisor.in/blog/empl...
LLA Blog : labourlawadvisor.in/blog/
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Presented By: Jagruk RJ, Adv. Shweta Velayudhan and Adv. Naman Mohnot
Shot by: Rohan Agarwal, Prince Sogani
Edited By: Rohan Agarwal
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Newsletter: labourlawadvisor.in/newsletter/
Instagram: / labourlawadvisor
Twitter: / advisorlaborlaw
Telegram: t.me/joinlla
Discord Community: link.labourlawadvisor.in/discord
Пікірлер: 1 800
LLA Consult: consult.lla.in/
@Vivek-gm3mq
Жыл бұрын
Employers crying in the corner😆😆
@priyanksoni5338
Жыл бұрын
Cheque dene ke baad me agar cheque ka stop payment kara du... And cheque ghum ho gaya hai esi police complain kar du... Fir employer cheque use bhi kare toh me bach sakta hu??
@MarketMint57
Жыл бұрын
Sir ...is this consultation only limited to employee employer dispute . ..or can be stretched to other case . ..if possible please respond . ..
@cur1ousss2047
Жыл бұрын
@@sugandhrajpatel4448 hi bro which company did you switch to? I guess you could choose not to serve notice period and pay certain amount minimal as damages since other company is providing buyout amount
@cur1ousss2047
Жыл бұрын
@@MarketMint57 there are more sectors mentioned on their website check again
This is the same feeling when there is any TVF series coming up. like TVF Aspirants. Kota factory. I'm very much excited. LLA is doing a fabulous job. Kudos to the entire LLA team. Keep it up this good work. I'll share this video to all my friends who've signed the bond :)
I am a college student and I will be working in IT sector from next year. This video showed an important perspective of IT companies that is needed to be kept in mind while joining any company. Nice work done by LLA team and thanks for providing such a useful information.
@dkq986
Жыл бұрын
Bond sign karne se company naa join karna accha hota h
@rajshrishrimal2653
Жыл бұрын
🔥🔥👍
@sdproduction786
Жыл бұрын
Hmm... amir baap ki aulad 🤣🤣🤣
@mintukumarsingh7890
Жыл бұрын
@Astitva Sinha join FANG or product based company
@sandichatterjee941
11 ай бұрын
What to do after receiving a Notice of Non Compete violation
I never thought anyone would ever be able to help on this topic. Thanks a lot from the bottom of my heart, firstly for making a video on this topic, secondly for also providing possible solutions & last but not least making aware of the criminal angle in such cases. This will of great help for all our young & in some cases experienced employess as well! Thanks a ton!!!
Thank you for tailoring all knowledge in such easy to the point video. I've been following LLA since 2021 and I feel glad I found LLA 🙏💕💕
I must appreciate LLA team for their Nobel cause. A great guidance video for those who have been trapped by employees. I wish no body face such situations anymore. Hats off to LLA team to make very relavent day to day life issues videos.
Very nice way to aware people. And Andy's acting is getting better day by day
Met my friend yesterday who had signed employment bond with a said absurd amount and is now suffering to switch. This video is of a great help 👍🏼
This is a gem! Please make a series of videos on such prevailing topics.
I appreciate the way you are creating awareness! Well done!
This awareness video is priceless. Hope placement offices of institutions organise such sessions to their students.
HIGHLY useful video!! Thank you team LLA for making this 🙏🙏
Much needed detailed knowledge. This staff is a gem. 👏
You are a boon RJ ! A BIG Thanks for starting LLA . A startup like this actually empowers us. I sincerely feel, "if we make our society aware about their RIGHTS & DUTIES (specially financial rights & duties) , corruption will evaporate" Indians are very much unaware of what our law-system says. Thank you for making us aware. I promise to like all your videos(if the intent of the content is to make people aware 😄 ) even if they are useful to me immediately. Although I do like them anyways but now I promise... Once Again THANKKK YOOUUU.... JAI HIND!
A grand salute 🫡 to the Team LLA. Everytime I feel worthy when I watch your videos. You people are really awesome. You are making a difference.
Thank you so much , you guys have really saved me i was just about to sign an agreement with a company and they also have asked me for a blank cheque and original certificates and there penalty amount is also absurd . Thank you so so very much for these information 🙏🙏
This is very important for everyone. Thanks LLA and Team
Thank you thank you do much sir for making this video! Really greatly appreciate the work that you're doing! Can not thank you enough for making this video and making all of the employees aware about the legal steps that they can take! Once again thank you so much may god bless you sir!🙏🙏
It was very informative and helpful. Please do keep up the amazing work and keep making such educational shorts and videos!!!! Thanks!
Thank you LLA Team, I LOVE YOU so much, you are doing fabulous job. Keep it up 💕 💕 💕 🙏 💕 💕 💕
Great content! I would also request you to make a video on ridiculous notice periods(more than a month) that are rampant nowadays in the IT companies.
You are doing what no one is doing. Thank you for this important and sensitive information with so much clarity. Thank you for explaining everything. Big Thanks to Adv. Shweta Velayudhan and Adv. Naman Mohnot for being part of this LLA video and helping us Janta.
Cleared a lot of doubts. Thank you for making these videos.
Such a well produced and informative video! Thank you LLA.
I appreciate the efforts you have put into making this video and making us aware of the law. Thank you!
Great Job LLA Team. I am one of those employee who were in immense mental pressure and faced mental harrasment when I decided to move out of an IT company because of unmatched job profile to my skills. I had missed a section from employment agreement where this employment bond of 18 months were mentioned which included recovery for my training, hiring expenses, brokerage cost to hiring firm. relocation and accommodation cost. I had been asked to pay 11 Lakhs of recovery amount out of which 10 Lakhs was of technical training which never received. I have faced legal notices and sleepless night because of those notice. I got 3 notice from different different lawyer. Infact, one notice from Delhi High Court lawer. This has happened to many employees after I left and they were asked to pay even huge amount than me. I still get nightmares when I remember those day. I was very nervous while watching this video. Its been 1 year since I left that company and as per info from video, I could be in problem in next 2 year if that employer decide to take any action. I had served notice period of 1 month as I was in probation period but they increased my noticed period by mentioning that I was already on customer project. They did not released my salary. I had no option other than to abscond and start over again. Recently, I had this dream, where I was crying like anything while explaining my situation to some legal authority. I hope to find my peace. I wish someone never have to come across such situation. I am so afraid that I still can't mention the name of organisations here. But I have so many names who will witness and will cry out same story of harrasment.
@James-Bond-007_
Жыл бұрын
Bro you can reveal the name here don't worry
@tusharsolanki8564
Жыл бұрын
Bhai aapne apni bond period pura kra tabhi company ne jane diya kya?
@Krish-su4oh
Жыл бұрын
I hope you'd find solution. Have faith bro
@vipj
Жыл бұрын
I would like to name the firm who does this outright, it is eClerx, Navi Mumbai.
@Sanjay1127pandit
Жыл бұрын
Bhai mujhe ek baat batane ki help Karo. Agar Mae company Mae ja Kar Kam nae karu aur mojj masti karu. Company Kae nuksan karu . Kam chori karu Aur essi essi harkat karu ki company khud hi pareshan ho Kar mujhe nikal de hath jor Kar Kiya yaha possible hai. Bhai mujhe bato
You are doing good work LLA team. Hats off to you guys!!!
I Appreciate The Hardwork Of Team LLA, Massive Respect For Them!
Nice content. Helpful for new employees and also for students who will be joining some company in coming years. These type of videos help the society to be on right path where common people who are generally unaware of the legal process are harassed by fraudalent companies. Very great approach from your side.
I had to read more than 100 articles two years ago just to gather about half of the information provided in this video. Also i did that because of a friend's case where he wanted to leave a company but couldn't because of the fear of litigation. Thanks a lot LLA
Great work by you guys. Hats off. Love you all.
45 minutes video, felt like 10 minutes. Thankyou so much for enlighten many employees, especially the new comers.
Really helpful video at this time because many employer are asking for bonds with toxic environment with their organisation
I also have signed an employment bond of 2 years and 1.5, I've served for 10 months. The salary is very low. It is very hard to bear expenses of my family. I am giving a lot of efforts for my job but still it is not well recognized. Now I want to leave the job and even I got good offers from other companies as well but the current company people are calling me daily and saying that you can't leave the company like this. You have to complete 2 years bond otherwise pay 1.5 lakhs. I was on trainee designation for 6 months but there is no dedicated training provided by the company. I was straight set to work on projects.
this is a huge support .Thank you. everything about employment bonds are covered .
Great Job LLA team, Kudos to you all. Very informative video. Thanks !
I am still jobless but this video helped me to open my eyes during appointed on a job. Hats off LLA team
Very useful and really awareness video for all people deliberately looking for jobs or found themselves trapped in such situation.
Thank you so much, It's really helpful to each and every employee who is abusing by companies
I paid a little over 1.2 lakh rupees as bond recovery amount for working only 3 months in a big Indian IT company. After graduation I had joined one of the big IT companies (not going to provide the name of the company) and after only 3 months of training, I left that organization for a better compensation/benefits in another big IT company. Few months later I started to get legal notices from my previous company and they were asking me to pay full bond amount which was 1 lakh rupees in addition to 20 thousand rupees charged for a few more miscellaneous items. As per my friends' suggestions, I ignored that notice but even after 2 years I was still getting such legal notices and their demand got more aggressive with each notice. Finally, they sent me one last notice which says that they are going to court for this. I got scared and decided to pay the full amount to them, as I could not afford a court battle with them. Whatever I had saved till that time in my bank account, I paid most of that savings to them (Company). After that, they stopped sending these legal notices. It has been now more than 5 years since I left that horrible IT company. @LLA team, this video brings back a lot of painful memories, and a difficult time for me as well as for my family. I am extremely thankful for your hard work. May god bless you all and I hope you and your LLA team will reach tremendous levels of achievement in the future. Your video gave me the needed confidence. Again, Thanks a lot. :)
@EraserNinja
Жыл бұрын
why not name them and let everyone know the truth
@The_Indian_Dharm_Traveller
Жыл бұрын
@@EraserNinja HCL
@Arya111-j1t
Жыл бұрын
Aap humlog ko naam bta do. So that everyone who is watching this can be aware. And RJ ne apne taraf se ekk initiatives liya. Aap ekk le lo. Aap ekk step toh lo.
@gec549saisneha9
Жыл бұрын
Hello mam, I'm a fresher and i actually signed one indemnity bond that i will serve in that company for 2years and also gave 2lakh undated cheque leaf. It's been almost 3months ,now I want to leave this company and not gonna join in corporate sector. Could you please give me a piece of advice?
@sujaltripathi3830
Жыл бұрын
@@gec549saisneha9 which company???
Nice job LLA. I hope you also discussed about the practice of forcing employees not to work in their competition companies after they leave there job.
I had faced similar issues back 2017, and that is why I lost my 2 years after I left the job as I did not feel confident enough that I know anything. I am glad that channel's like Labour Law advisor are helping those people who are unaware with these laws.
@himanshugupta7647
Жыл бұрын
Bhai paise dene pade kya
@free-e-learning6205
Жыл бұрын
Hi
@godsonemmanuelburh6402
Жыл бұрын
@@himanshugupta7647 nahi bhai, Maine 1 saal ke baad company se resign Kiya to paise Dene nahi pade. But mere documents unhone apne paas rakhe the to hairan hua tha wo recover karne ke liye. Abhi mai apne relatives recommend karta hun ki wo apne documents jama na karein koi bhi job join karne se, LLA ke badaulat. Thanks to them 😊
@RapidWatch-show
10 ай бұрын
@@godsonemmanuelburh6402bhai koi case hua tha kya?
@godsonemmanuelburh6402
10 ай бұрын
Nahi Bhai, koi case nahi hua. Jab mai resign Kiya tab Tak Mera bond khatam ho chuka tha
Thank you very much for making video on these topic and for spreading awareness. U all are doing good job..helping people who are already stuck and preventing others for getting trapped by companies. Thank you so much once again. Pls keep it in continuation.
Thank you guys!! Learned some really important stuff! 👍👍👍
I love the effort put by LLA to make the Janta Jagrut. It is really helpful to many employees stuck in similar condition
Thank You LLA for a very informative and to the point video. Thanks for all suggestions and help mentioned in the video, it will be helpful for huge part of salaried India.
Kudos to LLA team, very informative and to the point take safeguards for employees.
Thank you so much such a good session done by LLA team.
THANKU LLA FOR THIS WONDERFUL VALUABLE VIDEO!!!👌😊
This is next level stuff. A big milestone in the era of transparency. Great set of information and cautionary advices and remedies by the LLA team. Salute. On a lighter note, the possibility of an OTT series in collaboration with TVF or other such highly competent teams would reach even bigger audience. Something in the lines of SUITS will be a great hit, with the tag line (this time actually true) 'Based on real events and experiences of the Janta'. I know LLA isn't in the profit making business, but if you could try, that would just be nothing short of insane appreciation. Well done LLA team. #JagrukJanta
Thank you !! LLA team for this information.
Last 5 years I am a LLA follower . You all are doing great job. We always fear from court law & others because of we think they are powerful. But actually Knowledge is more powerful.
You're doing a great job. I've seen no other youtuber who's talking about this issue. Since I'm a company secretary student, can relate to this very well - NI Act & Contract Act. Keep doing this. I would rather suggest you to start crowd funding only because it's a Not-for-profit work you're doing.
Great job by LLA team. Thanks for making this type of video. In my carrier i face some companies those are following the same bond/ cheque process. I want to add one note that some companies did not pay rest amout after deducting bond amount from notice period salary. In that we should complaint in labour commission.
Very insightful. Kudos to the team. Pls keep saving freshers lives from these toxic corporate rules/cultures.
Thank you for this such valuable information - nobody was talking about this topic. Please keep it up .
Great video!! Must recommend video for freshers. Cause most of the time freshers caught in this type of trap. And thankyou so so much for this kind of video.
Good initiative by LLA team, I have paid bond amount to govt agency. Bond was for 3 year and I left after 1.5 year but they asked me to pay full amount and I did out of fear/unawareness.
A very educational video on employment contract. I encourage people to view it seriously. It teaches a lot on these kind of practices taken by the employers.
Liked the video before watching full and circulated to thousands of people in my circle..this corrupt practices by employers is very prevalent in Pharma companies.. Look the water before jumping.. Thanks for addressing very less discussed but major issue in private sector..
Fantastic approach by LLA team, even if 1% of the employees get benifit then it's worth it
Great job by Team LLA. As we can see a lot of private organisations and Startups spurring up these days. It is very necessary to have the knowledge to protect ourselves from being exploited. #jagrukjanta
This is wonderful guys. There's very few people who go out of their way of convenience to make money and do wonderful work. 🙏🙏🙏 We're very grateful for your work. I wish to do work like this in my career as well. Thank you so much for your efforts guys cheers
Great video. This will help a lot people who have really stuck with their employer. Thanks
I am going to be a college student and thanks to LLA team to bring these type of very high informative videos on insight topics which we don't talk and don't even know till we are trapped . Thanks for your efforts
@user-cf9zk3dj2i
Жыл бұрын
Konsa college?
for IT industry 1 year bond is sufficient as most of the company give coursera, udemy, or similar sites account for training which doesn't include any trainer so the cost of training is also low.
@gec549saisneha9
Жыл бұрын
Yes,even for me also they told the same thing! Hello sir, I'm a fresher and i actually signed one indemnity bond that i will serve in that company for 2years and also gave 2lakh undated cheque leaf. It's been almost 3months ,now I want to leave this company and not gonna join in corporate sector. Could you please give me a piece of advice?
Hey, first of all thank you so much!! I want to say I were engaged in a company where I had signed a bond for 24 months after working of 19 months I got another nuch better opportunity so that I had accepted and resigned in my company, they had threatened me alot that u can't leave it u must have to serve otherwise we will take legal action this and that, but thanks to all of you who are always sharing such contents with the help of such contents I faced them. I am 100%sure that it will help lots of Person. Again all the very best, keep growing boss
Thank you very much for your legal advice.
Great initiative by LLA, we are not just sufferring from brain drain and low employment but also these practices which force freshers to work at dirt cheap rates. When I first started my carrer I also joined one such MNC which is a huge telcom company but thier Indian subsidary was following such practice. I left in 6 months and I refused to pay bond as a result they cut my last month salary and Leaves Payments. Then for almost 2 years I got some call from a Lawyer and some notice on mail to pay. I refused every time and stuck to the ground. Then in my second company one of India's bigget IT mass recruiter they also had bond but this time I left just after my bond period ended. Keep up the Good Work LLA ❤. Thanks to you Indian employees are able to get justice and know their rights 😀
This channel is a blessing for all working professionals. I can't thank you enough for the work you are doing for us. LLA IS THE BEST.
Thank you so much LLA for creating a video on such an important topic... 🙏
Thank you very much for giving this information. It will help a lot of people.
LLA always gives the best advice for everyone ❤️
This Andy guy is so talented - jholler acting, comedy acting, serious acting, scared acting! All-in-one Andy!
Love you LLA.... You are Blessings for the Helpless.... Keep it up.
Thankyou LLA team for drawing light on this issue
Perfect video at perfect time
Insightful! Works like a crash course for all those who’ve signed such bonds!! Great initiative by LLA!
Very Detailed & informed Video, Thanks a lot for making a difference!!
Great work guys! Thanks for this video.
This is one of the best channels on KZread.....Hats off to you guys....keep up the great work :)
This was the first time when I got some clear help from someone regarding this matter. Forceful labour should be banned from India. Thank you LLA team for this initiative and #jagrukjanta must support this revolution.
This is a very very informative video especially for freshers like me to know how to move ahead in your career in a "legal" way and also which types of Companies should we avoid to ensure our safety. Thankyou LLA.
This information is so much precious and useful for everybody who is in job or going to have one in future . Very very very useful
Sir even in training /internships They make sign us bond when they r just paying 2,000 p.m. In cma,ca firms
@accountdeleted
Жыл бұрын
Ya they do
@uditchandani
Жыл бұрын
It's not a bond, and no CA will come after you if you leave and go work somewhere else. But there is many restrictions if you want to take transfer after 1 year.
@sudiptomondal374
Жыл бұрын
That's not a bond... it's just a service agreement....
@Akashprajapati436
Жыл бұрын
Bhai vo record purpose ke liye hai. So icai and icami can know about your articleship (training).
Can you make a video from a business perspective on hiring people and making contracts?
Thanks for the info, LLA team!
Mind bogling info, thanks to LLA and team
My friends working in a company have recently been forced to provide blank cheques and they have already submitted the same, this video will surely be helpful for them. These kinds of important topics are rarely discussed. Great Work LLA team and Rishabh Sir. keep growing👍🙏
@SKANS88
7 ай бұрын
@@gec549saisneha9 which company?? May i know name
I wish I saw this video 2 years ago, had a lot of issues with my employer, and gladly it all went well and good and my employer did nothing but send emails and messages to scare me. This video really explains a lot of hidden things and details. :)
@riteshraj9294
Жыл бұрын
Bro can you give your number?
@adityanishad4985
2 ай бұрын
Did you got Experence letter from that Company ?
LLA Team is doing such a great job! Such videos are highly informative and helpful
Great videos! Please continue videos like this! Great work.
Sir please raise the issue on Notice Period. Many companies are now keeping 3 months notice
@VinayPatel15
Жыл бұрын
True specially in IT companies they want to join employee in a week but when comes to resignation 2/3/4 months notice period.
@sadhanasawant6751
Жыл бұрын
Yes
Thankyou LLA team, you are doing really a good job. I have also signed a bond and according to you I found that this bond is valid becouse 1) company is spending money in my training. 2) Bond tenure is 2 years. 3) And the amount is 2lakh (in decrease order) 4) also i have not submitted any original documents or singed cheque.
@g1mer885
Жыл бұрын
which company you joined bro, seems nice?
When you go for a job interview and discuss on employment bold and ask for black cheque These things are always in your mind. Thanks ❤👍👌rishabh, swata and naman for giving all important information for all employees in a single video.
Very very informative video related to what not to do while joining a company.. Cheers to the creators
What to do when employer is telling to serve 3 months notice period and they will not pay me salary n will adjust bond amount from the salary and give final settlement on last month???
@superpowerindia1185
Жыл бұрын
Stop working they will fire u in 10 days... And look for another job
A great initiative by the LLA team .Even I would like to share my experience on this topic. I signed a two way bond with one of the chemical company of 4 years for 3 lakhs i.e. in case of completion of the bond company will pay me 3 lakhs or else if I breached the bond I have to pay 3 lakhs to company .I breached the bond after 2 years of service as there where safety issues in factory , it's almost 2 years I haven't got any notice from the companies end .But as I didn't do Full n final settlements I didn't get relieving/experience letter .But now at this point in life when as I am looking for a new opportunity company requires my past experience letters. If I have to get it I have to pay 3 lakhs .Is there any way for the middle ground me getting a relieving letter?????It would be great if I get your opinion.
@theconstantstruggler5591
Жыл бұрын
Kuch improvement huya? Release letter mila
Incredible work done by LLA team.
You have done a stupendious job of informing us......god bless you all