SC orders employee to pay Rs. 50 mln over disclosure of trade secrets to another company
Srilanka, July 31 -- The Supreme Court has ordered an employee to pay Rs. 50 million in compensation to a company operating in the Katunayake Export Processing Zone for allegedly disclosing its "manufacturing secrets" and "trade secrets" to another company for financial gain.
The verdict was delivered by Supreme Court Judge Mahinda Samayawardhena, with the concurrence of Justices Janak de Silva and Sampath Wijeratne.
The glove manufacturing company located in the Katunayake Export Processing Zone had filed a case before the Commercial High Court of Colombo against the employee, alleging that he had secretly disclosed its "manufacturing secrets" and "trade secrets" to another company for financial benefit.
The respondent had s...
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