Appointment of director
Gauri
(Querist) 01 June 2012
This query is : Resolved
Our Company is appointing a Additional Director to provide technical advisory on following terms and conditions:
1. He will not give advisory to any other Company except our company.
2. He will not start business in the same field after leaving our company upto 2 years (non compete agreement).
Can anybody provide me format of such agreement. Its Very urgent.
Thanks in advance
Regards
V R SHROFF
(Expert) 01 June 2012
corporate sector should consult their legal advisers for such jobs.
ajay sethi
(Expert) 01 June 2012
company can afford legal fees .
Gauri
(Querist) 01 June 2012
Thanks a lot experts for ur suggestion.
Sankaranarayanan
(Expert) 01 June 2012
hope you are teh employee then why u worry , consult with good lawyer and do it
DR.VEDULA GOPINATH
(Expert) 02 June 2012
dear sir
You can give me details for writing the agreement.
dr vedula gopinathy
corporate advisor
R.K Nanda
(Expert) 02 June 2012
Take the help of legal advisers of ur co.
J K Agrawal
(Expert) 02 June 2012
Gauri ji
The matter is not tough and any advocate can write non compete agreement. the only restriction is that is should not be contrary to section 27 of the Indian Contract Act. It should not hit MRTP Act and it should not over rule the provisions of The Competition Act.
Further it should not be contrary to provisions of Constitution against freedom of Trade and commerce. Some other laws also be considered.
is not it so simple?
