Service sheet clause clarification?

General
1

  1. Our employee may not buy/sell stock/ share/ securities, of any description without funds to meet the full cost in the case of a purchase or scrip for delivery in the case of a sale.(does it mean if I have sufficient money then I can invest?)

  2. Our employee may not borrow money from or in any way place himself under a pecuniary obligation toa broker or money lender or a subordinate employee or any firm or person dealing with the company.
    (Does it mean I cannot trade in F&O?)

Do these clause prevent me from investing in mutual funds as well?

2

Speak with a lawyer.

  1. No matter what answers you get here in the form for yes/no is not going to be helpful when you are caught off-side and the implications will be real for you.
  2. A lawyer will look at the entire agreement before answering your question. There could be other linked covenants that you may have missed.
  3. There could be other factors at play such as regulatory requirements etc or clauses against which there could be possible arguments to help your situation that you may not be aware of.
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