Pi
29 February 2012 at 23:09
Hi Experts,
I need your expert advice and suggestions.
I have an contract in my employment letter on which I had signed while joining my current employer in 2007:
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"In consideration of his/her employment with the Company, the receipt of salary and other employment benefits from the Company and other good and valuable consideration and for the reasons set out in clause 5 hereinabove, the Employee, during his/her employment with the Company and for a period of three years after he/she ceases to be an employee of the Company for any reason whatsoever, shall not,
(i) take up employment with any other person, firm, company, body corporate or organization of any other kind whatsoever, engaged in or proposed to be engaged in any activity.
(ii) involve himself/herself directly or indirectly, alone or in association with others, whether as principal officer, sole proprietor, director, agent, partner, joint venturer investor, lender, lessor, consultant, advisor or otherwise or have an interest, in any business,
(iii) carry on either by himself/herself or in association with any other person any business or be associated in any manner with any business, which in the opinion of the Company, is similar to or competitive with that carried by the Company. Such opinion of the Company shall be final conclusive and binding on the Employee."
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Does this mean after termination or leaving current employer I cannot join any client with which i worked during current employment ? I had an offer from one of the client, proposed work will not be in the same business line. Will it be legal ?
Please advice.
Thanks
Pi
Bhawani Mahapatra
29 February 2012 at 17:48
What is the difference between LICENSE & LEAVE AND LICENSE ? Pl. elaborate with reference to sections of Laws.
C M Vyas
29 February 2012 at 08:58
Can I form and SPV for taking up a project where the following conditions exist?
Between Pvt Ltd Co and an Individual (broker)
to take up a specific Real Estate Project. SPV will enter into the contract if the project is won.
The proposed project involves providing Group housing for employees of a Co
Broker knows the builder/ land owner
Pvt Ltd Co knows the Client Co
The project negotiation will be long drawn out process
Both parties want to insure themselves so their interests are protected. Just to be fair to each other.
Would an LLC be a better option??
talklegaly
28 February 2012 at 07:58
DOES SECOND APPEAL LIES, IF CONVICTED IN TRIAL COURT & ALSO IN SESSIONS(IST APPEAL), IF SECOND APPEAL DOES NOT LIE, HOW TO GET BAIL IF CONVICTED IN IST APPEAL.
THE MATTER IS UNDER IST APPEAL PENDING, FEAL TO THE ACCUSED IS THAT HE MAY BE CONVICTED UNDER IST APPEAL
anckoora
27 February 2012 at 16:57
Dear Sir,
Pl. give me following guidance :
Company Seal is made of steel in round shape and when we apply it on a paper, company's name is get embossed on that paper.
My question is :
(1) Can a Partnership Firm make such seal ( instead of regular round rubber stamp )
and apply it (as per Law) on its regular documents like invoices, delivery challan, receipt / payment vouchers, debit/credit notes etc etc. ?
(2) As per Law, can such seal be used by Partnership Firm ?
(3) Or it is only for Pvt. Ltd. / Ltd. Companies that they only can use ?
(4) Is such seal is mandatory requirement of ROC for companies ?
thanks in advance.
anckoora
ifrah
26 February 2012 at 22:11
Dear sir,
I want to appeal in the supreme court,for which I would like to know the following:
1.What is the procedure?
2.What does advocate on record mean?
3.How long does it take to file SLP?
4.At what stage should we decide if a senior counsel is required?
5.What could be the fee of senior counsel,like P.P.Rao or Sori Sohrabjee?
Thanks and Regards
Ifrah
nand b ahuja
26 February 2012 at 17:20
how to register proprietor ship firm in thane or mumbai in maharahstra. how to do this online. please give full procedure and charges, etc.
thanks
Girish
26 February 2012 at 11:29
Hello,
We had formed an educational trust long back. Some of trust members were passed aways years back and we did not updated the same to concerned govt authorities. In such case what are the penelaties from Govt.
If we make a new trust than is it solves the problem?
Thanks
Girish
Ash
24 February 2012 at 12:46
I am a Lady. i have a small kid I would like to start a Training company at home. Please provide me the details to do the same. i want to know how to register and what would be the charges + what is the capital amount I need to pay. My Husband is a doctor and he wants to start a clinic too. Do we have register seperately or can we both register with the same name and start the clinic and training company.
Please suggest.
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