1. Your contract period is up to July,2016,
2. It is not clear whether you have given bond by depositing any sum of amount or not which is liable to be forfeited if you do not serve the Company till bond period ends,
3. Has it been mentioned in your service contract that you can leave the Company during the contract period by giving 3 months notice or paying salary in lieu thereof?
4. If yes then you should send the Company your salary for two months through DD,
5. There can not be any term by which the Company can force you to continue even if yoy do not want to. It can ask for payment of the Bond amount of salary in lieu of the balance notice period,
6. You offer to pay them the said amount and ask for early elease,
7. However, try to settle he mater amicably since litigation in our country is expensive and time taking and the law is not employee friendly,
8. It will be difficult for you to get a favourable release order unless you settle the matter amicably.