Article
Enforceability Of Employment Bonds In India: Sc Clarifies Indian Contract Act Provisions
In the recent case of Vijaya Bank & Anr. v. Prashant B. Narnaware (2025 INSC 691), India's Supreme Court (the "SC") examined the validity of an employment bond, which requires an employee to pay liquidated damages to the employer in case of failure to complete a minimum-service tenure requirement.
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