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Bombay Dyeing slaps Rs 501-cr suit against former employee

By: Swati Deshpande On Wednesday, Darius Khambata, counsel for Bombay Dyeing, informed the high court that there was evidence in the form of an e-mail sent out by Singh, which was recovered from his laptop that showed he had sent out confidential trade information about a software to a competitor, in violation of his service contract. Singh had joined the company in 2005, and his contract had a confidentiality clause. Khambata urged the court to restrain Singh, who he said had been terminated from service last May, for revealing the company's secrets. "What is the threat to you now that he has gone away?'' Justice A V Nirgude asked Darius. "He will divulge trade information from which the company's competitors would profit...What better asset than to offer the firm's trade secrets if he sets up a consultancy.'' To continue reading this interesting article from The Times of India, click here.

Full post as published by The Trade Secrets Vault on January 11, 2009 (boomark / email).