India - Business
Non-Disclosure Agreement (NDA)
Confidentiality agreement to protect sensitive business information between parties.
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Instructions
How to create an NDA:
1. Identify both parties with complete legal names and addresses.
2. Describe the purpose of information sharing.
3. List all types of confidential information.
4. Set appropriate validity period (typically 2-5 years).
5. Specify jurisdiction for dispute resolution.
6. Both parties should sign with date.
7. Keep signed copies with both parties.
1. Identify both parties with complete legal names and addresses.
2. Describe the purpose of information sharing.
3. List all types of confidential information.
4. Set appropriate validity period (typically 2-5 years).
5. Specify jurisdiction for dispute resolution.
6. Both parties should sign with date.
7. Keep signed copies with both parties.
Frequently Asked Questions
Is an NDA enforceable in India?
Yes, NDAs are enforceable under the Indian Contract Act, 1872. Courts can grant injunctions and award damages for breach.
What is a reasonable validity period?
Typically 2-5 years depending on the nature of information. Trade secrets may warrant longer protection.
Can an NDA be one-sided?
Yes, a unilateral NDA protects only one party. Mutual NDAs protect both parties.
What happens if an NDA is breached?
The aggrieved party can seek injunction to prevent further disclosure and claim damages through court.