Bond Of Indemnity

I have encountered one similar case where the employee was told to give an explanation in writing on plain paper along with an attested photocopy of any photo ID. However, no indemnity bond was required, and the claim was subsequently settled. It is advisable to...

Hello dear,Have you heard of the name "Swami Agniwaish"? He is a pioneer in the field of bonded labour. His organization's name is "Bandhua Mukti Morcha," and their head office is in Delhi on Asif Ali Road. For years, he has been working in this field. Yes, it e...

Dear Friends,We are sending a few employees for external training. As per our policy, if someone is sent for training, they have to serve for 2 years with the company; otherwise, they will have to reimburse the training costs, which include travel expenses, trai...

Sir,What is Bonded Labor? Does it have a corporate term? Does Bonded Labour still exist in India?–-Bonded labor, also known as debt bondage, is a form of labor where a person is forced to work to pay off a debt. This practice is illegal in many countries, includ...

Hi Jawed,Very good information. But I suggest you to add more acts like Wages Act, Minimum Wages Act, ESIC Act, Maternity Benefit Act, etc., as the principal employer has liability for these compliances in case the contractor is non-compliant.Regards,Ram.

My name is Preetha Pradeep, and I work in HR. I am in need of a format for an indemnity bond that is to be collected from the legal heirs of a deceased employee. This bond is required as we have to settle the final dues, including gratuity (F&F).