Are personal bonds which an employee has to sign before joining a company legal and valid in India?

These bonds typically require an employee to stay in a company for a specified period. If the employee quits, he has to pay a sum of money to the company as compensation. Are these bonds still valid and legal. I heard that the SC has passed an order on the validity of such bonds.

Answer:
for the most part they have been deemed unlawful, but there are still some exceptions.


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