(Querist) 01 October 2021
This query is : Resolved
Is it necessary to stamp a non-disclosure agreement? Is there any specific mention in any act that a non-disclosure agreement to get stamped and what will the stamp duty be? Who will pay for it? And how is the timeframe decided in a non-disclosure agreement?
(Expert) 01 October 2021
As per the Indian Stamp Act, all instruments creating rights and/or obligations are to be duly stamped. And, an NDA creates various rights and obligations on behalf of both parties. Hence, is liable to be stamped as per the applicable stamp act.
(Expert) 02 October 2021
Better to go with the Indian Stamp Act.