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Can we break HCL bond?

Can we break HCL bond?

Therefore their is no bond, what you have with organization is called service agreement. That means you are legally obligated to serve till the agreed time period, however if you choose to break out of the agreement there is no such recovery.

What is the probation period in HCL?

It is 2 months.

Is there any bond in HCL Technologies?

HCL Technologies – Makes freshers sign a 15 month bond and penalizes them 1.25 lakhs for breaking it.

Is notice period included in bond period?

Yes, the notice period is covered in the bond period. For example if you have a bond that completes on 20th March. And you have a notice period of 2 months, then you can resign on 20th January and serve both the notice and the bond period simultaneously.

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How do you escape a bond?

8 Answers

  1. offer to rejoin the company.
  2. mention that you are unable to pay the bond amount as you are jobless with no source of income.
  3. company can take legal proceedings against you to recover bond amount with interest.
  4. you will have to pay the money if decree is passed against you.

Can resignation be revoked in HCL?

In a contractual master-servant relationship, no employee can assert a right to withdraw his resignation, especially after it had been accepted by the competent authority, on any ground, much less the ground of having tendered the resignation in frustration and under depression, the Madras High Court has ruled.

What happens if I leave HCl after serving a contract?

That means you are legally obligated to serve till the agreed time period, however if you choose to break out of the agreement there is no such recovery. At maximum you may be blacklisted and may not join HCL or it’s subsidiary in future. Explore macroeconomics online with MIT.

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What is the legal action after absconding from HCL?

HCL will not take any legal action after absconding. They will not provide experience letter and variable after absconding. If some one thinking same I suggest just resign and sent a email to manager/hr and leave. They can accept resign and provide you exp letter. But defenaltly HCL will not entertain you in future.

What is the procedure to get a job in HCl?

Candidates undergo 12-month training for entry-level IT jobs. On successful completion of training, candidates are employed in full-time jobs with HCL. While working, candidates pursue their higher education with BITS, Pilani or SASTRA University.

What is the HCl TSS?

HCL TSS (HCL Training & Staffing Services) creates the much-needed bridge between deserving talent across the country and vacant jobs that are difficult to fill due to a crisis of skills. HCL TSS’s offers best-in class skill based training programs for entry level job roles across in HCL.