Wipro Initiates Legal Action Against Former CFO, Jatin Dalal, and Former Senior Vice President, Mohd Haque

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IT giant Wipro has taken legal action against its former Chief Financial Officer (CFO), Jatin Dalal, in a civil court in Bengaluru. In response, Dalal has filed an application requesting the court to refer the matter to arbitration. The specific details of the lawsuit remain undisclosed, but both parties have presented their arguments. The next hearing is scheduled for January 3, during which the court will determine whether the matter should proceed to arbitration. Arbitration, an alternative dispute resolution method utilizing an arbitrator instead of a judicial court, may be employed if the employment contract specifies it, according to a report by Times of India.

In September, Cognizant Technology Solutions appointed Jatin Dalal as its CFO, a week after his resignation from Wipro, as reported by Mint. Dalal had been with Wipro since 2002 and assumed the role of CFO in 2015. His tenure at Wipro concluded on November 30, and Aparna Iyer was named as his successor.

In early December, Dalal filed an application under Section 8 of the Arbitration and Conciliation Act 1996, which grants the judicial authority the power to direct parties to arbitration, as reported by TOI. This move by Dalal is the latest development in the legal dispute with Wipro.

Additionally, Wipro has filed a complaint against its former Senior Vice President (SVP) and Head of Healthcare and Medical Devices for the Americas, Mohd Haque. The complaint alleges that Haque violated non-compete clauses by joining Cognizant as the SVP and Business Unit Head for life sciences. Wipro also accuses Haque of sharing confidential files from his personal Gmail account, breaching his employment contract, according to the report.

These legal actions mark a notable turn of events in the professional careers of Jatin Dalal and Mohd Haque, two prominent figures in the IT industry. The outcomes of these legal proceedings will likely have implications for both Wipro and Cognizant.

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Editorial Team
StartupNews.fyi is a leading global startup and technology media platform known for its end-to-end coverage of the startup ecosystem across India and key international markets. Launched with the vision of becoming a single gateway for founders, investors, and ecosystem enablers, StartupNews.fyi has grown steadily over the years by publishing tens of thousands of verified news stories, insights, and ecosystem updates, reaching millions of startup enthusiasts every month through its digital platforms and communities.

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Wipro Initiates Legal Action Against Former CFO, Jatin Dalal, and Former Senior Vice President, Mohd Haque

IT giant Wipro has taken legal action against its former Chief Financial Officer (CFO), Jatin Dalal, in a civil court in Bengaluru. In response, Dalal has filed an application requesting the court to refer the matter to arbitration. The specific details of the lawsuit remain undisclosed, but both parties have presented their arguments. The next hearing is scheduled for January 3, during which the court will determine whether the matter should proceed to arbitration. Arbitration, an alternative dispute resolution method utilizing an arbitrator instead of a judicial court, may be employed if the employment contract specifies it, according to a report by Times of India.

In September, Cognizant Technology Solutions appointed Jatin Dalal as its CFO, a week after his resignation from Wipro, as reported by Mint. Dalal had been with Wipro since 2002 and assumed the role of CFO in 2015. His tenure at Wipro concluded on November 30, and Aparna Iyer was named as his successor.

In early December, Dalal filed an application under Section 8 of the Arbitration and Conciliation Act 1996, which grants the judicial authority the power to direct parties to arbitration, as reported by TOI. This move by Dalal is the latest development in the legal dispute with Wipro.

Additionally, Wipro has filed a complaint against its former Senior Vice President (SVP) and Head of Healthcare and Medical Devices for the Americas, Mohd Haque. The complaint alleges that Haque violated non-compete clauses by joining Cognizant as the SVP and Business Unit Head for life sciences. Wipro also accuses Haque of sharing confidential files from his personal Gmail account, breaching his employment contract, according to the report.

These legal actions mark a notable turn of events in the professional careers of Jatin Dalal and Mohd Haque, two prominent figures in the IT industry. The outcomes of these legal proceedings will likely have implications for both Wipro and Cognizant.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Editorial Team
StartupNews.fyi is a leading global startup and technology media platform known for its end-to-end coverage of the startup ecosystem across India and key international markets. Launched with the vision of becoming a single gateway for founders, investors, and ecosystem enablers, StartupNews.fyi has grown steadily over the years by publishing tens of thousands of verified news stories, insights, and ecosystem updates, reaching millions of startup enthusiasts every month through its digital platforms and communities.

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