Wipro sues former CFO who moved to Cognizant – Times of India

Wipro sues former CFO who moved to Cognizant - Times of India

Bengaluru: Wipro has filed a case against his ex. The CFO Jatin Dalal in the Bengaluru civil court, after which Dalal has filed a petition, asking the court to refer the matter to arbitration.
The grounds of the case are still unclear, but arguments have been heard and the next hearing is scheduled for January 3, when the court will rule on whether the matter should be referred to arbitration. An arbitrator rather than a court of law to resolve a dispute, and this method can be used if the employment contract provides for it.
Dalal had joined Cognizant as CFO on December 1. The first hearing of the case was held on November 28. In early December, Dalal filed an application under Section 8 of the Arbitration and Conciliation Act, 1996 which empowers the judicial authority to direct the parties. For arbitration
An email to Wipro and Cognizant on the matter did not elicit a response till press time.
Dalal reports to Ravi Kumar, CEO of Cognizant. A two-decade-old veteran at Wipro, Dalal served as CFO since 2015 and assumed additional responsibilities as president since 2019. At Cognizant, they are expected to move to the US or UK once the visa formalities are completed.
Wipro also recently sued its former senior vice president (SVP) and head of healthcare and medical devices for the US, Muhammad Haque, for violating non-compete agreements by joining Wipro’s direct competitor, Cognizant, as SVP. A complaint has been filed. and Business Unit Head for Life Sciences. Wipro also alleged that he uploaded and emailed “seven files” from his personal. Gmail account, in violation of his employment contract.
A few years ago ex Infosys CFO Rajiv Bansal sought his rights at the arbitral tribunal to challenge Infosys’ decision to suspend payment of nearly Rs 12 crore in severance pay promised to him at the time of his departure in 2015.
Infosys had agreed to pay him Rs 17.3 crore as severance, but distributed only Rs 5 crore of this, and withheld the rest, accusing Bansal of breaching confidentiality agreements and accessing data from government systems. Accused of deleting The arbitrator ruled in his favor.

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