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Sandeep Malkar (Business)     05 December 2011

Nda & ncnda

Is Non Circumvention & Non Discloser Agreement enforceable in India ? If yes under which Laws and Acts.

 



 



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 5 Replies

Rajesh Hazra (Mediator and Legal Counsel )     06 December 2011

NDA's are enforcable and executed in India. The basis is on Contracts Act . Nda's can be unilateral, or one-way agreements or two way or bilateral agreement.

Sandeep Malkar (Business)     06 December 2011

Mr. Rajesh, thanks for your response. Also suggest about Non Circumvention & Non Discloser Agreement i.e. NCNDA.

 

Rajesh Hazra (Mediator and Legal Counsel )     06 December 2011

This is an instrument that is used in the early stages of business transactions arranged by intermediaries. The main purpose is to ensure that the intermediaries or the person or party who brought the buyer and the seller together are not bypassed. The information is not revealed to any external person/party.

Sandeep Malkar (Business)     06 December 2011

Thanks Mr. Rajesh, But is NCNDA enforceable in India ? If yes under which Laws and Acts.

I tried to do so but it is very difficult to get link.

 

 

 

Rajesh Hazra (Mediator and Legal Counsel )     06 December 2011

Law of Contracts and enforcable at Civil Court.
 


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