non-compete
24 August 2010
"It looks fishy, it smells fishy," host Menaka Doshi declared, opening this week’s episode of The Firm with a scorching observation. The burning question on the minds of panellists BMR Advisors partner Gokul Chaudhri, and FinSec Law Advisors founder Sandeep Parekh: can Sebi interfere with Vedanta’s Rs 50 per share non-compete fee paid to Cairn PLC as part of the acquisition of Cairn India?