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Startup with simultaneous employment is it possible employer against
22-May-2023 (In Startup Law)
I am planning to start non profit startup. But my present employer restrict any kind of employment or commercial activity outside the job. But I am too keen to pursue this, while keeping my job as I am not in a position to take risk of quitting. What is the possibility of employer getting to know about my company suo moto?
Have you signed any contract that says you are barred from taking up any kind of commercial activity?
An employer can bar you from taking up a competitive commercial activity. But he cannot bar you from taking up an unrelated commercial activity.
If you are starting a startup, you will soon have to register it as a company and ask for funding. If you do this, the employer is going to know about it. But unless and until you have signed a contract barring your activities, the employer cannot fire you only on the basis on starting up a non-allied, non-competing business.
An employer can bar you from taking up a competitive commercial activity. But he cannot bar you from taking up an unrelated commercial activity.
If you are starting a startup, you will soon have to register it as a company and ask for funding. If you do this, the employer is going to know about it. But unless and until you have signed a contract barring your activities, the employer cannot fire you only on the basis on starting up a non-allied, non-competing business.
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