The City Civil Court in Bengaluru in the case Wipro Limited AND Jatin Pravinchandra Dalal observed and has referred the dispute between Wipro Limited and its former Chief Financial Officer, Jatin Dalal over the alleged violation of a non-compete clause for arbitration.
The court while exercising its powers as stated under Section 8(1) of the Arbitration and Conciliation Act, 1996 in its order stated that the parties are hereby referred to the arbitration in terms of the arbitration clause in the agreements.
In the present case, Wipro had approached the Court in November 2023 wherein seeking damages worth for an amount of Rs 25.15 crore along with 18 percent interest per annum on account of Dalal’s joining its rival firm Cognizant within 12 months of his resignation in September 2023.
Therefore, the Wipro claimed that Dalal had violated a clause in his contract which prohibited his joining a rival firm within a year of quitting.
Further, the Dalal had pleaded before the court that the matter be referred for arbitration as per agreements he had signed with Wipro. The court observed that Dalal worked with Wipro for over 21 years and has served as its CFO for seven years. Dalal quit in September 2023 and joined Cognizant in December.
The counsel, Advocate Lomesh Kiran N appeared for the Appellant.
The counsel, Advocate Karan Joseph represented the Defendant.
