• Legal action by employer

I have joined a public limited company in 2006. In 2010 company asked me to sign an agreement, that I could not join any other competitor company within one year after my resignation. Now I got a better offer from an competitive company. What should I do ? What action can my old employertake, if I join other competitor company.
Asked 2 years ago in Business Law from Kolkata, West Bengal
Did you sign the agreement as required by the company? If yes, the agreement is sacrosanct and you are obligated to abide by it. If you violate the agreement then your erstwhile employer may sue you for breach of contract.
Ashish Davessar
Advocate, Jaipur
19230 Answers
484 Consultations
5.0 on 5.0
you should not join the competitor company . in the vent you join competitor your ex employer will file suit for damages against you and also seek to obtain injunction restraining you form joining your competitor
Ajay Sethi
Advocate, Mumbai
26135 Answers
1421 Consultations
5.0 on 5.0

Ask a Lawyer

Get legal answers from top-rated lawyers in 1 hour. It's quick, easy, and anonymous!
Ask a Lawyer

Business Lawyers

T Kalaiselvan
Advocate, Vellore
16542 Answers
153 Consultations
5.0 on 5.0
Ajay Sethi
Advocate, Mumbai
26135 Answers
1421 Consultations
5.0 on 5.0
Ashish Davessar
Advocate, Jaipur
19230 Answers
484 Consultations
5.0 on 5.0
Krishna Kishore Ganguly
Advocate, Kolkata
13228 Answers
280 Consultations
5.0 on 5.0
Devajyoti Barman
Advocate, Kolkata
6492 Answers
72 Consultations
4.9 on 5.0
Nadeem Qureshi
Advocate, New Delhi
3722 Answers
140 Consultations
4.9 on 5.0
Shivendra Pratap Singh
Advocate, Lucknow
2998 Answers
45 Consultations
4.9 on 5.0
Rajgopalan Sripathi
Advocate, Hyderabad
944 Answers
64 Consultations
5.0 on 5.0
Shashidhar S. Sastry
Advocate, Bangalore
1280 Answers
66 Consultations
5.0 on 5.0
Anilesh Tewari
Advocate, Lucknow
60 Answers
0 Consultations
5.0 on 5.0