bond breakage

[indiatoUSA]

Hi,

I came here on L1 in jan'2008 from one of top indian companies in india.

Before coming here I signed few papers(bond) of 15000$ for 1 year to this company, if I cant not complete 1 year on the project.

Can the company sue me if I break this bond( I am unable to complete few assignmets on time, and I heard client is loosing interest on me).Can my indian company sue me if I return to india before completing the 1 year.

Is this bond valid in India/USA.
Plz let me know.

[txh1b]

That is not likely going to happen if you return to work for the same company. In most cases, it is to prevent attrition that these companies do that.

[indiatoUSA]

bond breakage

HI,

Thank you for the propmt reply.

Yes, I wil be going to work for same company..

[indiatoUSA]

bond breakage

But is this bond valid either in USA or in india.....

[txh1b]

Bonded labor is not valid in USA. It might be a contract that you signed which you are calling a bond which is valid in USA.

[indiatoUSA]

bond breakage

I signed on some aggrement papers.

[itzprams]

My guess, You would be breaking a bond only if you are shifting company after coming to US (by applying H1 or so).

One of my friends had singed a bond for 4000USD before coming to US (i.e. if he leaves company before 6 months, then he has to pay this penalty) .

He shifted his company within 3 months but as per agreement he ended up paying penalty of 4000USD.

I do not see similar case of yours, this is something you need to ask to HR or your Indian company.