Overview
A Non Disclosure Agreement, commonly known as NDA, is a legal contract through which one or both parties agree not to disclose confidential information shared during a business relationship. In today’s competitive market, businesses frequently exchange sensitive data such as financial details, client databases, trade secrets, pricing models, technical know how, and business strategies. An NDA ensures that such information remains protected and is not misused.
In India, NDAs are widely used between companies and employees, startups and investors, service providers and clients, vendors and contractors, and during mergers or partnership discussions. The agreement clearly defines what constitutes confidential information, the purpose of disclosure, the duration of confidentiality, obligations of the receiving party, exceptions to confidentiality, and consequences of breach. NDAs can be unilateral, where only one party discloses information, or mutual, where both parties share confidential data.
A properly drafted Non Disclosure Agreement is enforceable under the Indian Contract Act, 1872. It helps prevent unauthorised disclosure, protects intellectual property, and reduces the risk of financial and reputational loss. Without a strong NDA, it becomes difficult to legally control misuse of proprietary information. Therefore, businesses should ensure that the agreement is clear, specific, and aligned with their industry requirements.
At BizGlobal, we draft customised Non Disclosure Agreements that are practical and legally sound. Whether you are sharing business plans with investors, engaging vendors, onboarding employees, or entering into collaboration discussions, our team ensures that your confidential information is properly safeguarded under Indian law. We focus on drafting clear, enforceable, and business friendly NDAs tailored to your needs.
