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Author Topic: Is it legal to work for 2 companies simultaneously?  (Read 1046 times)

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Offline kunalkumar1275

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Is it legal to work for 2 companies simultaneously?
« on: June 17, 2014, 11:29:17 AM »
Hi,

I work for Company A and due to service tax avoiding purpose(all legal I suppose), I have been offered employment letter of another company B. Directors of both A & B know each other and therefore, they have come to this agreement. I have a Non-compete agreement with Company A, which is valid for 1 year post leaving the company and offer letter of A says that I need prior written consent from A to work for any other company. Both companies are based out of India. I have following doubts:
1. Is it legal to work for 2 companies simultaneously?
2. Do I need No-Objection-Certificate (NOC) from both companies?
3. Also, if accept offer letter from B, I will get all my further salary, bonus etc from B (salary from A will cease). So for all official purposes, whose employee I will be? I have been told by company A that I will get form 16 from company B but from career perspective I will be an employee of company A.

Request you to clarify these doubts and also provide me with other precautions which I should keep in mind before accepting the new offer letter.

Regards

Offline advuma

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Re: Is it legal to work for 2 companies simultaneously?
« Reply #1 on: June 17, 2014, 11:13:04 PM »
Is your work freelance in nature, than no problem.
if u like my posting plz submit your comments

Hi, I am advocate Uma Saika, from Assam

 

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