23 July 2021
Good Morning Member. Please give legal advice on below mentioned case.
Company A want to make legal agreement with its Sub contractor for not to doing business with their client directly or indirectly for next 5 years. In the breach of the above said agreement, contractor will be liable to pay a fix amount as penalty.
Here, I want to know can a company make such agreement or this agreement will be void on the ground abstain from doing business.
CAclubindia
