Podcast
Play an AI-generated podcast conversation about this lesson
Questions and Answers
Under which section of the Indian Contract Act, 1872, are agreements that restrain an individual from exercising a lawful profession, trade, or business generally void?
Under which section of the Indian Contract Act, 1872, are agreements that restrain an individual from exercising a lawful profession, trade, or business generally void?
- Section 15
- Section 18
- Section 32
- Section 27 (correct)
Non-compete clauses in India are generally enforceable.
Non-compete clauses in India are generally enforceable.
- False (correct)
- True
When are non-compete clauses in India enforceable?
When are non-compete clauses in India enforceable?
- Only if they are included in a written contract
- Only if they are approved by the court
- Only if they are reasonable and necessary to protect legitimate business interests (correct)
- Always
The enforceability of non-compete clauses in India depends on the specific facts and circumstances of each case.
The enforceability of non-compete clauses in India depends on the specific facts and circumstances of each case.
Signup and view all the answers
What is recommended when drafting or reviewing a contract with a non-compete clause in India?
What is recommended when drafting or reviewing a contract with a non-compete clause in India?
Signup and view all the answers
