Conflict of Interest Conflict of Interest

1 year ago

Recently, I have joined a remote company and was asked to sign a contract which included a field marked as Conflict of Interest policy. Currently I am having my own business running from past 10 years. The field of my business is different from current remote company's field. So, this I guess, wouldn't conflict with remote company's interest. But, I am working for a social cause which conflict remote company's interest. They suggested me not to work in this social cause as it would conflict with company's interest. In my social cause, I intended to provide my services free but in future it might generate a revenue. The work I am doing for social cause is not complete yet It is in progress. Can't I complete it as I have joined the company and signed their agreement?
Should I stop working for social cause because of conflict of interest?

Anik

Responded 1 year ago

View All Answers
A.Dear Client
The clauses of the company are very clear and even urged you to choose one which is very fair on their part.
It depends on you to choose that you want to work for a social cause that will reap revenue in future or you want to work for the company.
Choose what satisfies you.
Hope it helps
Helpful
Helpful
Share

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

Subhashis Paul

Responded 1 year ago

A.if the main purpose of both the company you have joined and your business are same and identical though its a social cause then you should not proceed with your business on same ground of interest since you have signed their agreement. It may cause trouble to you only in near future hampering your career as well as business therefore you should think for some other alternative cause or project for your business.
Helpful
Helpful
Share

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

Read Related Answers

question iconCommissioner sir force me to do risky work of demolition as contractor
Dear Client, In the prevailing situation, you can escalate your grievance before the higher authorities explaining your constraint or inability to comply with the order of demolition of the building,...
question iconDelay payment
Dear Sir, Better approach Police and get an undated cheque for the said amount with interest etc. If you go to the court on agreement it will be a civil case as such you have to spend lot of money and...
question iconTermination 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...
question iconWest Bengal Tender for Fortified Rice
Dear sir You may challenge negative order either before higher authorities or by approaching civil court or High court.
question iconBreech 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...