Dear Friends......

From my friend, I have come to know that The Bonded Labour Act has been abolished. And a company or organisation can not insists any person to sign any type of bond...... and most of the people come to know that it is not reasonable/ proper to sign a bond..... as in my city........ we have a good case of the same which is published in newspaper........

Now My question is....... How can an Employer take any type of security to stop the manpower turnover....... instead of signing a bond......?? and

I wud luv to know..... is it proper to hold someone's salary as a part of security deposit......... Is there any provision in law where any person can claim it before completion of his contractual period.......??


& if any person breach the said bond what can be done by an organisation.....???


Hope I will get valuable answers from u all........

Thanx in Advance......
__________________

Shiela