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Joining principal company as an independent contractor

Querist : Anonymous (Querist) 07 January 2019 This query is : Resolved 
I was working for past 2.5 years with my ex. company where we used to represent foreign companies (termed as principal) for sales and promotion of there product like an agency model.
Recently, I have joined one of my principal whose product we used to promote. They have sent the termination of contract to my previous company before I joined them.
I have not signed any bond or Non-disclosure agreement with my previous company neither I was involved in any Management decision. Compare to past teams of my ex company there has not been any investment for skill or any development has been done for me.
In my offer letter of ex-company it is mentioned that you cannot join any principal for 2 years, directly or indirectly without mentioning of any compensation for the same.

Will I have any problem continuing my current job if my ex company sends me any legal notice.??
My current company know the situation and have assured me that nothing will happen as I am not in any kind of Non Diclosure agreement with them. And if any things comes up they will take care of the same.

Request you all to help me on the same and provide me with the clarity.
Adv Shailendra Deshpande (Expert) 08 January 2019
No legal issue is seen in this query. You have already mentioned that your new company aware of NDA and hence they will take care of you.
P. Venu (Expert) 08 January 2019
Yes, the query suggests no legal elements. However, mere verbal assurances offers no guarantee against terms of a contract. All the matters is whether such conditions are void or voidable.
Dr J C Vashista (Expert) 09 January 2019
No facts provided in the question paper.
An anonymous author may not expect obligation of experts as per rule of this platform.


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