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Enquiry on Cheque bounce, Which i have given as bond when i joined in a firm

AnonymousLLB 25 Jun 2012, 12:02

I have given a cheque for 50 thousand when i joined in a company as bond for a year. I’m been here for 7 months now. Now i got a better job opportunity. The pay scale is far less than compared to new firm. It was a crossed check and no date was written on it. Do i have any way not pay the amount or reduce the amount.

1 Reply

AnonymousLLB 25 Jun 2012, 12:42

[quote=“Aswin” post=5334]I have given a cheque for 50 thousand when i joined in a company as bond for a year. I’m been here for 7 months now. Now i got a better job opportunity. The pay scale is far less than compared to new firm. It was a crossed check and no date was written on it. Do i have any way not pay the amount or reduce the amount.[/quote]

I need to know any solution so that not to pay the amount. If i have to pay fully and soon ie within a month then i have to stay here itself and not to go for new job. I havent resigned yet. I need to take a decision after knowing legal opinions.