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Can I legally bind employees to not leak any of my business details
20-Mar-2023 (In Corporate Law)
Its repeatedly happening with me that employees who join my company either steal leads which we generate by spending lot of money on advertising. Or when they leave the job they set up a similar website to mine and start competing with me. Can I sign an agreement at the time of appointing new employee which legally binds them not to leak my business details or compete with me after leaving our employment. How much it costs and how can it be enforced later ?
Yes very surely you can make a contract with your employees enforcing them not to leak information or business date or trade secrets. Also you can do a contract and binding them not to start same business or similar names , branfing , design style of the trade. For that approach a lawyer for finalising this contract.
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Adv. Varun Kumar
Delhi | 25+ Answers
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Yes you can do that by executing a "confidentiality agreement" with the employee highlighting specific requirements in the clauses you want to ensue. The agreement can be signed even after their employment. If they do not honour the same the same can be legally enforceable in the court of law.
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Adv. Shekhar Raj Sharma
Delhi | 100+ Answers
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Please take note of following -
1. You need to have a robust employment agreement which covers all sort of circumstances related to job and leads etc.
2. You need to reshuffle your team with assigned job description only. Those who are technical people shall not have access to leads and for that you need to have a Business Development team.
3. Further you need to have your trade secret and business module restricted to yourself only.
1. You need to have a robust employment agreement which covers all sort of circumstances related to job and leads etc.
2. You need to reshuffle your team with assigned job description only. Those who are technical people shall not have access to leads and for that you need to have a Business Development team.
3. Further you need to have your trade secret and business module restricted to yourself only.
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Adv. Pulkit Prakash
Delhi | 400+ Answers
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you can make your employees sign a confidentiality agreement at the time of employing them and hence restrict them from using your confidential information and trade secrete. if you need any further assistance then you may contact.
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Adv. Nitin Kumar Jain
Delhi | 100+ Answers
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Yes, you may enter into an employment agreement and also can prepare "Non-Disclosure Agreement-NDA" with your employees. And, the employees have to comply with the terms and conditions written in NDA. In any instance, if the employees breach the contract/agreement/ NDA, you are legally authorized to sue them in the court. In NDA, you may have conditions to not to disclose your marketing strategy, marketing view, plans, business strategies, business prospects (leads), not to create competition against the employer in any mean.
But, you can not bind them or enter into the agreement/ NDA for any illegal task, work or you can not infringe their rights.
But, you can not bind them or enter into the agreement/ NDA for any illegal task, work or you can not infringe their rights.
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Adv. Jatin Sharma
Delhi | 25+ Answers
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