Cigniti Technologies board give go-ahead for lawsuit against Qualizeal Inc and its leadership

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Cigniti Technologies board give go-ahead for lawsuit against Qualizeal Inc and its leadership.Cigniti Technologies Limited informed the Bombay Stock Exchange in a regulator filing that in a meeting held on 1st December, 2021 its Board of Directors approved the resolution of the Company’s US subsidiary to proceed with the filing of a lawsuit (DC-21-17023) against its former employees Pradeep Govindasamy, Kalyana Rao Konda, and a related entity QualiZeal Inc. The claims include breach of contract, breach of fiduciary duty, tortious interference, statutory misappropriation of trade secrets, civil conspiracy, and fraudulent concealment. The Board also authorized Mr. C.V. Subramanyam, Chairman & Managing Director of the company to proceed against the relevant employees, members and entities who were involved and explore the possibility of filing legal claims in the courts.

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