Mumbai, Dec 8: Star cricketer Yuvraj
Singh can negotiate a fresh contract with a new talent
management agency and his current agency, Percept, can
not stop him from doing so, observed the Bombay High
Court.
Currently, Yuvraj is bound by a contract
with Percept Talent Management Agency. This contract
will expire on December 11.
However, he has already started
negotiations with another agency. Percept had moved the
High Court, saying that the existing contract had a
"first refusal clause", which means he could not have a
fresh agreement with a new agency unless Percept had a
chance to offer him better terms.
But Justice Dhananjay Chandrachud, in an
order late last evening, held that such a clause
amounted to restraint on trade, which is not permissible
under the Indian Contract Act.
Percept had asked Yuvraj for details of
the contract that he was negotiating with another
agency. (Agencies)
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