Is their any kind of discontinuation bond in this college or penalty after removing admission in first or second year?
Yes, there can be a discontinuation bond or penalty for removing admission in the first or second year of a college, especially in professional courses like MBBS or BDS. This bond is a legal agreement where the student agrees to pay a certain amount (often in lakhs) if they discontinue the course before completion. The purpose is to discourage students from leaving the course mid-way and to compensate the college for the lost seat and potential disruption.
Infact in some cases, the bond amount could be 10 lakhs, and the college may demand this amount if a student leaves the course, as well as refuse to return original documents until the payment is made.
You should thoroughly read and understand all the terms and conditions before signing any discontinuation bond.
Hope it helps..