Authored by: Uditha Egalahewa, President’s Counsel.
An agreement by which someone is restricted in his freedom to carry on his trade, profession; business, employment or other economic activity is generally called an agreement in restraint of trade. Such a restraint is usually intended to protect the economic interest of the party in whose favour it is imposed.
This article analyses the enforceability of such clauses.
To read the full article click here: Restraint of Trade in Contracts of Employment
