The doctrine of restraint of trade. An overview of its application in Malaysia / Timah Husin

An agreement in restraint of trade is defined as one in which a person, for example an employee or the vendor of a business, agrees with the other contracting party to restrict his rights of trade freely or to offer himself on the employment market for some period after the completion of the sale or...

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Main Author: Husin, Timah
Format: Student Project
Language:English
Published: Faculty of Law 1987
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/27119/
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author Husin, Timah
author_facet Husin, Timah
author_sort Husin, Timah
building UiTM Institutional Repository
collection Online Access
description An agreement in restraint of trade is defined as one in which a person, for example an employee or the vendor of a business, agrees with the other contracting party to restrict his rights of trade freely or to offer himself on the employment market for some period after the completion of the sale or of his employment. As a general rule, all contracts restraining a person from carrying on a lawful profession, trade or business of any kind is to that extent prima facie void. To become valid they must be reasonable, both as between the parties themselves and in the public interest. Section 28 of The Contracts Act 1950 (Revised 1974 states that "Every agreement by which anyone is restrained from exercusing a lawful profession, trade or business of any kind, is to that extent void. However, there are three exceptions under section 28 of The Contracts Act 1950.
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publishDate 1987
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spelling uitm-271192022-12-22T07:05:14Z https://ir.uitm.edu.my/id/eprint/27119/ The doctrine of restraint of trade. An overview of its application in Malaysia / Timah Husin Husin, Timah K Law in general. Comparative and uniform law. Jurisprudence An agreement in restraint of trade is defined as one in which a person, for example an employee or the vendor of a business, agrees with the other contracting party to restrict his rights of trade freely or to offer himself on the employment market for some period after the completion of the sale or of his employment. As a general rule, all contracts restraining a person from carrying on a lawful profession, trade or business of any kind is to that extent prima facie void. To become valid they must be reasonable, both as between the parties themselves and in the public interest. Section 28 of The Contracts Act 1950 (Revised 1974 states that "Every agreement by which anyone is restrained from exercusing a lawful profession, trade or business of any kind, is to that extent void. However, there are three exceptions under section 28 of The Contracts Act 1950. Faculty of Law 1987 Student Project NonPeerReviewed text en https://ir.uitm.edu.my/id/eprint/27119/2/27119.pdf Husin, Timah (1987) The doctrine of restraint of trade. An overview of its application in Malaysia / Timah Husin. (1987) [Student Project] <http://terminalib.uitm.edu.my/27119.pdf> (Unpublished)
spellingShingle K Law in general. Comparative and uniform law. Jurisprudence
Husin, Timah
The doctrine of restraint of trade. An overview of its application in Malaysia / Timah Husin
title The doctrine of restraint of trade. An overview of its application in Malaysia / Timah Husin
title_full The doctrine of restraint of trade. An overview of its application in Malaysia / Timah Husin
title_fullStr The doctrine of restraint of trade. An overview of its application in Malaysia / Timah Husin
title_full_unstemmed The doctrine of restraint of trade. An overview of its application in Malaysia / Timah Husin
title_short The doctrine of restraint of trade. An overview of its application in Malaysia / Timah Husin
title_sort doctrine of restraint of trade. an overview of its application in malaysia / timah husin
topic K Law in general. Comparative and uniform law. Jurisprudence
url https://ir.uitm.edu.my/id/eprint/27119/