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The landmark case Toshniwal Brothers (Pvt.) Ltd. vs Eswarprasad, E. and Others, decided in 1996, describes the legality of employment bonds in India.It holds that under the Indian Contract Act, 1872, contracts requiring an employee to pay a bond if they prematurely resign their employment are legal and enforceable, at least in cases where employers pay expenses like training for the employee. [2]
Employment is a relationship between two parties regulating ... from leaving their employment, under penalty of a surety bond, ... two years per employer and employee ...
Successive employment contracts with a maximum term of three years: With the prior authorisation of the Belgian Federal Public Service Employment, Labour and Social Dialogue, successive fixed-term contracts can be concluded with a minimum duration of six months if the total duration of all the successive contracts do not exceed three years. [2]
The latest report on unemployment benefit applications showed that the job market remains solid. ... Treasury yields rose in the bond market. The yield on the 10-year Treasury rose to 4.59% from 4 ...
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The 30-year 'long bond' yield fell to 6-week lows of 4.31%, flattening the 2-30 year U.S. yield curve gap to just 16 basis points - its lowest since August. ... Canada Nov employment report
Half of an indenture document of 1723 showing the randomly cut edge at the top. An indenture is a legal contract that reflects an agreement between two parties. Although the term is most familiarly used to refer to a labor contract between an employer and a laborer with an indentured servant status, historically indentures were used for a variety of contracts, including transfers and rents of ...
A financial advisor told me the pros of building a two-part bond ladder (three-year Treasurys and 10-year corporates) to generate fixed income and cover required minimum distributions (RMDs).
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