Dear senior members, I have a query regarding a non-compete clause. It basically says I can't work for 10 years throughout the world for any competing business. However, there is no definition of a competing business in the contract signed by me.
The company promised training but did not provide the same. The company made us sign a 10 lakh indemnity bond. Few members were provided training and few weren't.
Also in the contract company promised hike every year. But due to my manager's first year, it was delayed by 6 months, the second year by 10 months, 3 rd year they paid on time. 4th and 5th year no hike at all. In fact they cut pay and they are yet to pay back the arrears.
I resigned but the management has not taken any papers but verbally accepted it. My manager threatened to slap me I quit. I was in the R & D earlier now I am in marketing for the last 4 months. I submitted all the confidential data of the old profile.
What can the company do in case of breach of the non-compete? Can they make false accusations such as data theft?
Please advise.
The company promised training but did not provide the same. The company made us sign a 10 lakh indemnity bond. Few members were provided training and few weren't.
Also in the contract company promised hike every year. But due to my manager's first year, it was delayed by 6 months, the second year by 10 months, 3 rd year they paid on time. 4th and 5th year no hike at all. In fact they cut pay and they are yet to pay back the arrears.
I resigned but the management has not taken any papers but verbally accepted it. My manager threatened to slap me I quit. I was in the R & D earlier now I am in marketing for the last 4 months. I submitted all the confidential data of the old profile.
What can the company do in case of breach of the non-compete? Can they make false accusations such as data theft?
Please advise.