Currently, Yuvraj is bound by a contract with Percept Talent Management Agency. This contract will expire on December 11.

However, he has already started negotiations with another agency. Percept had moved the High Court, saying that the existing contract had a "first refusal clause", which means he could not have a fresh agreement with a new agency unless Percept had a chance to offer him better terms.

But Justice Dhananjay Chandrachud, in an order late on Friday evening, held that such a clause amounted to restraint on trade, which is not permissible under the Indian Contract Act.

Percept had asked Yuvraj for details of the contract that he was negotiating with another agency.