Details about any legal issues can only be understood after perusal of the contract, bond and the letters exchanged. In my opinion, you can address and escalate your concerns to your management and seek redressal in this situation. Management normally has wide discretionary powers to carve exceptions to contractual rules. Alternatively, if your contract has an Arbitral Clause, you can invoke the same to figure out an amicable solution. As mentioned before, any other course of action can only be sought after the details of your situation are understood. I recommend that you consult a lawyer with these details to get more clarity.
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