Questions & Answers
How to obtain a NOC from employer if you want to be a partner in another business?
I am currently working in an organization on an unlimited contract, however, I would like to enter into a business partnership and put my name on the trade license of the new company.
I will, however, still be working in my current company. Can I enter into a business partnership directly or do I need to get a NOC?
My current employer has no restriction on doing business in our contract neither does the new business violate the non-compete clause.
If I need to get a NOC, then how do I do it? Do I simply request my current company to give a NOC?
Your help is much appreciated.
Thank you in advance
Dear Questioner,
Pursuant to the query, you need to obtain a NOC from your current employer.
Further, we need to know your matter in detail to give you proper advice.
Kindly contact us on the phone.
Thank You.
A no-objection certificate on the company’s letterhead will suffice. You may request your employer to issue it stating the requirement.
In the event your company is in a free zone, the same will apply and the NOC should be attested by the respective free zone authority.
I hope this clarifies your doubt.
Lawyer Parvathy
