Question
Billy was employed as the managing director of Edward Estate Bhd, a company that deals with property development. Under his contract of employment, he is
Billy was employed as the managing director of Edward Estate Bhd, a company that deals with property development. Under his contract of employment, he is prohibited from soliciting the company’s clients or to entice any customer of Edward Estate Bhd even after leaving the company.
After Billy’s employment was terminated, he subsequently formed a limited company under his wife’s name, Juliana Estate Sdn.Bhd. which is in the same line of the business as Edward Estate Bhd. Juliana Estate Sdn. Bhd then solicited customers of Edward Estate Bhd. Edward Estate Bhd wishes to take legal action against Billy.
Required:
Discuss the rights of Edward Estate Bhd with reference to the Companies Act 1965 and relevant cases.
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The Companies Act 1965 Billy was the managing director of the Edward Estate Bhd and his employme...
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Corporate Finance and Investment decisions and strategies
Authors: Richard Pike, Bill Neale, Philip Linsley
8th edition
1292064064, 978-1292064161, 1292064161, 978-1292064062
