stated to be in total violation of clauses
pertaining to non-solicitation and non-compete obligations as mentioned
under the MoS. The former promoters ... with the present
MOS, separate Share Purchase Agreement containing Indemnity,
non-disclosure, non-Compete and non-Solicitation, and Share
Transfer Forms are being executed with
said amount was not
payable as the respondent had violated the Non-Solicitation Agreement
(hereafter 'the NSA').
3. The appellant contends that ... agreed to
pay a sum of ₹71,86,00,000/- as Non-Solicitation and Co-operation Fee
to the respondent on / or before 22.07.2014 without
which
contained identical non-solicitation clause.
10. Hence, owing to the breach of contract and violation of non-
solicitation Clause 7 of the Agreements ... which reads as under :
"7. Conflicts of Interest, Non-hire and Non-
Solicitation., The Consultant, in rendering his/her duties
shall not utilize
20263/2020, 20976/2019
consideration is received towards non-compete and non-solicit condition
in the agreement for transfer of equity shares.
2. The brief ... 20976/2019,
Learned AR submits that for breach of Non-compete or Non solicit
agreement, liability is upto
20263/2020, 20976/2019
consideration is received towards non-compete and non-solicit condition
in the agreement for transfer of equity shares.
2. The brief ... 20976/2019,
Learned AR submits that for breach of Non-compete or Non solicit
agreement, liability is upto
20263/2020, 20976/2019
consideration is received towards non-compete and non-solicit condition
in the agreement for transfer of equity shares.
2. The brief ... 20976/2019,
Learned AR submits that for breach of Non-compete or Non solicit
agreement, liability is upto
defendant's new
organization in complete defiance of the non-solicitation clause
of the terms and conditions agreed by the defendant ... arisen against the defendant; that the
appointment letter provides for non-solicitation clause for a
period of 6 months after termination/ dismissal of his
employment
Piramal Enterprises Ltd vs The State Of Maharashtra And Another on 11 June, 2024
Author
being relevant are being reproduced hereunder:-
"3. Non-compete/Non-solicitation :
The Supplier agrees that the Company shall have exclusive
rights to deal with ... concerned products from RKFL. Though Clause 3 which was the
non-compete/non-solicitation clause provided that for a period of 24
months after
being relevant are being reproduced hereunder:-
"3. Non-compete/Non-solicitation :
The Supplier agrees that the Company shall have exclusive
rights to deal with ... concerned products from RKFL. Though Clause 3 which was the
non-compete/non-solicitation clause provided that for a period of 24
months after
