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 companys clients or to entice any customer of Edward Estate Bhd even after leaving the company.

After Billys employment was terminated, he subsequently formed a limited company under his wifes 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. (Total: 20 Marks)

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 companys clients or to entice any customer of Edward Estate Bhd even after leaving the company.

After Billys employment was terminated, he subsequently formed a limited company under his wifes 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. (Total: 20 Marks)