Supreme Court · 2025 INSC 691 · Decided 13 May 2025
Vijaya Bank & ANR. v. Prashant B Narnaware
- Court
- Supreme Court of India
- Citation
- 2025 INSC 691 · [2025] 6 S.C.R. 240
- Case number
- CIVIL APPEAL No. 11708/2016
- Decided
- 13 May 2025
- Bench
- PAMIDIGHANTAM SRI NARASIMHA, JOYMALYA BAGCHI (2-judge bench)
- Case type
- Civil
- Acts & sections cited
- Constitution Article 14, 19; Contract Act Section 27
Headnote
Matter pertains to whether clause 11(k) of the appointment letter that employee to work for minimum three years and in default to pay Rs 2 lakhs as liquidated damages on leaving employment amounts to restraint of trade u/s.27 of the Contract Act and/or opposed to public of order passed by the High Court quashing clause 11(k) of the appointment letter and thus, directing the bank to refund the said sum to the respondent-employee. Contract Act, 1872 - s.27 - Agreement in restraint of trade void - Restrictive covenant in the
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