Conflict of Interest
3 years ago
Can joining a competitor after resigning from current company breach Conflict of interest policy? Can the company move legally against me?
A.Hi,
This would depend on the terms of your employment contract, specifically the non-compete clause, if any. If no such clause exists, you are free to join the competitors. The rule under Section 27 of the India Contract Act is that agreements is restraint of free trade are generally void.
If you found this helpful, please rate us.
This would depend on the terms of your employment contract, specifically the non-compete clause, if any. If no such clause exists, you are free to join the competitors. The rule under Section 27 of the India Contract Act is that agreements is restraint of free trade are generally void.
If you found this helpful, please rate us.
Helpful
Helpful
Share
Ayantika Mondal @ Prime Legal
Responded 3 years ago
A.Hi,
This would depend on the terms of your prior employment agreement. Agreements that are unreasonably restrictive to free trade are void under Section 27 of the Indian Contract Act.
If you found this helpful, please rate us.
This would depend on the terms of your prior employment agreement. Agreements that are unreasonably restrictive to free trade are void under Section 27 of the Indian Contract Act.
If you found this helpful, please rate us.
Helpful
Helpful
Share
Vaidehi Samant
Responded 3 years ago
A.Depends on the non-compete clause of your employment contract if any which you have signed in case
Helpful
Helpful
Share
Read Related Answers
Termination of contract
Dear client,
Please verify with the terms and conditions of the contract verify with if the project has been suspended temporarily or permanently. you can send a legal notice to the company for breac...
West Bengal Tender for Fortified Rice
Dear sir
You may challenge negative order either before higher authorities or by approaching civil court or High court.
Breech of Employment Agreement
Dear Client,
Here are the responses to your query no.1) What are some legal actions that they can raise? Ans: The company can file a civil suit against you for damages caused by a breach of its policy...
Fraud money by friend
Dear Client,
Unfortunately, in the absence of any documents/evidence supporting your claim from your friend, there is no possible way or legal remedy to recover the money from your friend even through...
civil law
Dear Client,
When a suit related to a property is sub-judice(pending) before a Court of Law, that cannot be a subject matter of an agreement or contract. Being aware of the facts if the parties made a...
Read Blogs on Contracts and Agreements
Contracts and Agreements Lawyers
Find Lawyers by Location
