Wipro's lawsuit against ex-CFO referred to arbitration by civil court

The court took this decision as Dalal produced agreements that indicated that disputes were to be settled through arbitration

Wipro CFO Jatin Dalal
Former Wipro CFO Jatin Dalal
BS Reporter Mumbai
2 min read Last Updated : Jan 03 2024 | 10:17 PM IST
The Bengaluru Civil Court has referred the lawsuit filed by IT major Wipro against its former chief financial officer (CFO) Jatin Dalal to arbitration, according to several media reports.

The court took this decision as Dalal produced agreements that indicated that disputes were to be settled through arbitration, reported Indian Express.

Wipro had filed a case against Dalal, as he was joining rival firm Cognizant. This goes against the non-compete clause that Dalal had signed with Wipro as he joins Cognizant before he completes the cooling-off period of a year.

The lawsuit filed by Wipro also claimed damages worth Rs 25.15 crore from Dalal, along with 18 per cent interest per annum till the payment is done.

An email sent to Wipro on the decision of the Court and the next steps remained unanswered.

HR experts opine that Wipro is taking legal action against Dalal to set a precedent for any future senior-level changes.

Wipro has also filed a case against its former senior vice president and head of healthcare and medical devices for the Americas, Mohd Haque in the US. Haque too has joined Cognizant. But in the case of Haque, the allegations are of a serious nature.

Wipro has alleged that Haque is in possession of files containing confidential information, which he sent to himself using his personal email account. An email sent to Wipro for comment on Haque’s case said: “Wipro does not comment on matters that are sub-judice."
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :WiproBengaluruIndian IT firmsArbitrationcourt ordersJatin Dalal

First Published: Jan 03 2024 | 10:17 PM IST

Next Story