India: Validity Of Non-Compete Clause In An Employment Agreement

The Constitution of India, in accordance with Article 19 (1) (g), confers on each and every citizen with the fundamental right to practice any profession, or to carry on any occupation, trade or business. This right, however, is not absolute in nature and is subject to reasonable restrictions. One such restriction is the non-compete clause in an employment agreement.
Importance of non-compete clause:
A company endeavors to protect its business, safeguard its confidential information and the sensitive business knowledge bestowed upon […]

By | Dec 14, 2017 ||

US Department Of Labor Extends Transition Period For Fiduciary Rule Exemption

On November 29, 2019, the US Department of Labor issued a notice extending the transition period for the Best Interest Contract exemption, and other exemptions, from the prohibited transaction provisions of the Fiduciary Rule for anadditional 18 months, from January 1, 2018 to July 1, 2019, in order to give the Department additional time to review the public comments received on the exemptions and to consider the impact of the exemptions on the market. […]

By | Dec 12, 2017 ||

Inside Canada’s New Employment Rules

The federal government recently confirmed that the new rules for maternity, parental and caregiver benefits under the Employment Insurance Act (EIA) and the corresponding leaves under the Canada Labour Code(CLC) are scheduled to come into force on December 3, 2017. The relevant amendments to the EIA and the CLC are contained within the Budget Bill Implementation Act, 2017 (Bill C-44).
MATERNITY LEAVE AND BENEFITS
Once the amendments are in force, the EIA will allow birth mothers to access employment insurance (EI) […]

By | Dec 10, 2017 ||