Respected members...
Presently i m working in sales department of my company. At the time of joining i filled a service contract, which has a clause of bond to work for min. Of 2 years for the company against which some portion of my salary is also deducted each month. After completion of 2 years service it will be refunded to me.
Now my 2 years of job is completed and i m looking for some job change in my competitors company. By now i came to know that service contract also has a clause..i.e. You will not join directly or indirectly join to any of competitors company for 2 years from the date of leaving of my present company...
I thick this is very much rude../unfair..
I request you all to provide me some guidance in this matter..that whether i can change my job or not...
Awaiting for your valuable suggestions...
From India, Bikaner
Presently i m working in sales department of my company. At the time of joining i filled a service contract, which has a clause of bond to work for min. Of 2 years for the company against which some portion of my salary is also deducted each month. After completion of 2 years service it will be refunded to me.
Now my 2 years of job is completed and i m looking for some job change in my competitors company. By now i came to know that service contract also has a clause..i.e. You will not join directly or indirectly join to any of competitors company for 2 years from the date of leaving of my present company...
I thick this is very much rude../unfair..
I request you all to provide me some guidance in this matter..that whether i can change my job or not...
Awaiting for your valuable suggestions...
From India, Bikaner
604
Dear All,
these are the standerd clauses for the confidentiality of company business, these are the written terms & conditions, which belive that, you must have read, understand & then accepted only.
Its some kind of contract its self between two parties, you should have think before sign such T & C..
Regards,
Tushar Swar
From India, Mumbai
these are the standerd clauses for the confidentiality of company business, these are the written terms & conditions, which belive that, you must have read, understand & then accepted only.
Its some kind of contract its self between two parties, you should have think before sign such T & C..
Regards,
Tushar Swar
From India, Mumbai
Thanks for posting SC judgement.
Good point by the judge
"It is well settled that such post termination restraint, under Indian Law, is in violation of
Section 27 of the Contract Act. Such contracts are unenforceable, void and against the public policy. What is
prohibited by law cannot be permitted by Court's injunction."
Pon
From India, Lucknow
Good point by the judge
"It is well settled that such post termination restraint, under Indian Law, is in violation of
Section 27 of the Contract Act. Such contracts are unenforceable, void and against the public policy. What is
prohibited by law cannot be permitted by Court's injunction."
Pon
From India, Lucknow
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Non-compete clause in service contracts.pdf
Non-compete Clause of Infy.jpg
Non compete.doc