wipro sues former cfo: Wipro sues former CFO Jatin Dalal who joined rival Cognizant
IT major Wipro has sued its former chief financial officer Jatin Dalal in a civil court in Bengaluru, reported the Times of India on Wednesday. Dalal joined rival Cognizant as the CFO on December 1.
According to the report, Dalal has filed an application, asking the court to refer the matter to arbitration. While the grounds of the lawsuit are unclear, but the TOI report suggests that the court has heard the arguments from both parties, and the next hearing is scheduled on January 3.
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Earlier, Wipro also filed a complaint against former senior executive Mohd Haque for violation of a non-compete clause in his employment contract by joining Cognizant before August this year.
In its complaint, Wipro said Haque, who quit in June this year, had agreed to certain restrictions on his post-employment activities, including prohibition of work for a small set of Wipro competitors including Cognizant, for 12 months after his employment ended.
Upon Haque’s promotion to the role of Wipro’s senior vice president (SVP) and localisation as a US employee, he was eligible to receive more than $1 million in equity awards over many years, said the complaint filed in a US court.
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IT major Wipro has sued its former chief financial officer Jatin Dalal in a civil court in Bengaluru, reported the Times of India on Wednesday. Dalal joined rival Cognizant as the CFO on December 1.
According to the report, Dalal has filed an application, asking the court to refer the matter to arbitration. While the grounds of the lawsuit are unclear, but the TOI report suggests that the court has heard the arguments from both parties, and the next hearing is scheduled on January 3.
Elevate Your Tech Prowess with High-Value Skill Courses
| Offering College | Course | Website |
|---|---|---|
| IIT Delhi | IITD Certificate Programme in Data Science & Machine Learning | Visit |
| Northwestern University | Kellogg Post Graduate Certificate in Product Management | Visit |
| Indian School of Business | ISB Product Management | Visit |
Earlier, Wipro also filed a complaint against former senior executive Mohd Haque for violation of a non-compete clause in his employment contract by joining Cognizant before August this year.
In its complaint, Wipro said Haque, who quit in June this year, had agreed to certain restrictions on his post-employment activities, including prohibition of work for a small set of Wipro competitors including Cognizant, for 12 months after his employment ended.
Upon Haque’s promotion to the role of Wipro’s senior vice president (SVP) and localisation as a US employee, he was eligible to receive more than $1 million in equity awards over many years, said the complaint filed in a US court.
Stay on top of technology and startup news that matters. Subscribe to our daily newsletter for the latest and must-read tech news, delivered straight to your inbox.
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