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Are PSU bonds transferable?
Bond can be transferred as per Department of Public Enterprises’ guidelines in the case of an Employee, who leaves service of the Company with proper permission to secure employment under the Central Government, a Public Enterprises or an autonomous body of the Central/State Government.
Is there any bond in UPSC?
They should also sign a bond that they would serve the government in their capacity as IAS officers for a certain number of years after they return….UPSC Preparation:
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What is service bond in Iocl?
Service Bond : Selected candidates will have to execute a bond as under to serve the Corporation for a. minimum period of three years from the date of joining the corporation : Category. Officers/ Engineers/
Is the any bond in Iocl Quora?
Thanks for the A2A. The bond amount for IOCL is 3 lacs for general category, 50k for reserved category. The tenure of bond is 3 yrs.
What is transferable bond?
Transfer bonds are an option that families have when a loved one is arrested out of state. This is an agreement with the courts that accepts a bail bond drafted from the offender’s home state, allowing them temporary release from jail in that area.
Is technical resignation applicable in PSU?
State Govt employees, bank and any other PSU employees are not entitled to Technical Resignation to join Central Government. NOTE-II: An ordinary resignation from the service or post forfeits entire past service, but if the resignation is technical it does not result in forfeiture of past service.
Are Bonds legal in India?
Bonds are applicable only if the company has spent money on the personal grooming and enhancement of the employees, but not just a training that helps employees perform better. Also to prove that the bond is legal, it should not be one sided or just favour the employer.
What is Bond transferable?
At the end of a tenancy the tenant can transfer the bond to a new tenancy rather than getting a refund. To transfer a bond to a new property, the tenant needs to complete and sign a bond transfer form. It must also be signed by both the old and new landlords. The new landlord then sends this form to Tenancy Services.
How long does it take to transfer bond?
It takes at least three months for the registration and transfer of a bond.