Restrictive Covenants in Employment Agreements: A Comparative Study of Legal Position in India and US
In the world of corporate, the competition is increasing at an unprecedented rate and hence the companies are not willing to take any chances with their trade secrets and work mechanisms. It is a common phenomenon for employees to change organizations especially in the current era of competition when everyone wants to earn. In such circumstances, it becomes important for companies to devise some way of protecting their inner working mechanisms from becoming a matter of common knowledge by way of such employees. This is why the concept restrictive covenants in employee contracts developed. The researcher has analyzed the same in detail – and compared the laws on this topic in India and US.