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The Growing Complexity Of Non-Compete Clauses In Family Business
There are both pros and cons of having it, but market forces are increasingly determining its application.
16 Apr 2024, 08:58 AM IST
Last fortnight, there were news reports of Bajaj Auto Ltd. starting the operations of its subsidiary non-banking financial company Bajaj Auto Credit Ltd. To scale it up, Bajaj Auto will invest Rs 3,000 crore over the next two years into BACL.In the partition among the late Rahul Bajaj’s sons in 2008, the eldest son Rajiv Bajaj was given control of the flagship firm Bajaj Auto, while his younger sibling Sanjiv Bajaj was to manage Baja...
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