K'taka Court disposes of Wipro's suit against its former CFO by referring it for arbitration
Bengaluru: A civil court in Bengaluru has disposed of Wipro's suit against its former chief financial officer Jatin Dalal by referring the matter for arbitration.
The court allowed an interlocutory application (IA) by Dalal seeking arbitration with his former company on Wednesday.
Referring the matter for arbitration, the court in its order said, ''I.A.No.5 filed by the defendant/applicant under Sec.8 of the Arbitration & Conciliation Act, 1996 is hereby allowed. Consequently, by exercising power under Sec.8(1) of the Arbitration & Conciliation Act, 1996, the parties are hereby referred to the arbitration in terms of the arbitration clause in the agreements.'' Another application by Dalal seeking production of certain documents was, however, dismissed by the court, which noted that these documents were already filed.
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''I.A.No.4, filed by the defendant under Sec.8(2) of the Arbitration & Conciliation Act, 1996 is hereby dismissed, as the digitally signed electronic records of the agreements with certificate under Sec.65-B of the Indian Evidence Act, have already been produced by the plaintiff,'' the XLIII Additional City Civil and Sessions Judge said in the order.
The suit against Dalal filed by Wipro on November 28 seeks payment of compensation of Rs 25,15,52,875 with interest of 18 per cent for allegedly violating a clause in his employment contract with the company. Dalal resigned from Wipro in September.
Allegedly, the non-compete clause prevents Dalal from joining a rival within one year of leaving the company, failing which he would be liable to compensate Wipro with the value of the Restricted Stock Units (RSU) allotted to him or the sum of his total remuneration in the previous 12 months.
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Govt's reform trajectory will continue with even more vigour in coming times: PM Modi
New Delhi (PTI): Prime Minister Narendra Modi on Friday said the government's reform trajectory will continue with even more vigour in the coming times as it is committed to boosting 'Ease of Living'.
The prime minister made this observation on a series of posts by the central government on its various reform initiatives.
"Ours is a Government committed to boosting 'Ease of Living' and this thread below gives examples of how we have worked in that direction. Our reform trajectory will continue with even more vigour in the coming times," Modi said.
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With the hashtags #ReformInAction & #GoodGovernance, the central government said in the posts that the real test of reform is whether it reduces stress for people and 2025 marked a clear shift in governance, with reforms focused on outcomes, not complexity.
Simpler tax laws, faster dispute resolution, modern labour codes, and decriminalised compliance reduced friction for citizens and businesses alike. The emphasis was on trust, predictability, and long-term growth, showing how well-designed policy can quietly improve everyday life, the posts by MyGovIndia said.
For millions of Indians, tax relief became real. Incomes up to Rs 12 lakh attract zero tax. Middle-class families now retain more of what they earn, giving them flexibility to spend, save and invest with greater confidence, it stated.
It said the Income Tax Act, 2025 streamlined compliance and brought clarity, transparency, and fairness to the direct tax system, making it more taxpayer friendly and aligned with today's needs.
Small businesses can now grow without fear of losing benefits. Higher investment and turnover limits allow MSMEs to expand while retaining access to loans and tax incentives. This encourages scaling up, hiring more workers, and building stronger local enterprises
Rural employment now creates assets, not just wages. With extended guaranteed employment and a focus on village infrastructure, rural labour is now building permanent assets that strengthen communities and livelihoods, it said.
It observed that workers no longer need to navigate dozens of laws as 29 labour laws were simplified into four clear codes covering wages, safety, social security, and relations.
Rights are clearer, compliance is easier, and women benefit from assured maternity and workplace protections, it stated.
The government also stated that GST has been made simpler for businesses and consumers alike.
With streamlined tax slabs, easier registration, automated processes, and faster refunds, the next generation of GST reforms is improving ease of doing business.The impact is clear in record Diwali sales of Rs 6.05 trillion and the strongest Navratri shopping in over a decade, it said.
It also said that businesses can now bring products to market faster.
With rationalised Quality Control Orders, Indian manufacturers face lower compliance costs, improved efficiency, and greater strength in global markets. More room to grow for Indian businesses, the government said in the posts.
The expanded definition of small companies reduced compliance burden and costs, allowing enterprises with turnovers up to Rs 100 crore to focus on innovation and expansion, it added.
