The Financial Confidentiality Agreement serves as a critical legal instrument for protecting sensitive financial information in Indian business operations. It is essential when parties need to share confidential financial data during activities such as mergers and acquisitions, investments, audits, or consulting engagements. The agreement, governed by Indian law, incorporates requirements from key legislation including the Indian Contract Act, Banking Regulation Act, and SEBI regulations. This document is particularly crucial given India's growing financial sector and the increasing complexity of financial transactions. It provides comprehensive protection for various types of financial information including financial statements, investment strategies, pricing models, and customer data, while ensuring compliance with Indian regulatory requirements.

1. Parties: Identification of all parties to the agreement, including full legal names, addresses, and company registration details

2. Background: Context of the agreement, including the purpose of sharing financial information and the relationship between the parties

3. Definitions: Detailed definitions of key terms, especially 'Confidential Information', 'Financial Information', 'Authorized Representatives', and 'Permitted Purpose'

4. Scope of Confidential Information: Detailed description of what constitutes confidential financial information under the agreement

5. Confidentiality Obligations: Core obligations regarding the protection, non-disclosure, and restricted use of confidential information

6. Permitted Disclosures: Circumstances under which confidential information may be disclosed, including to authorized representatives and regulatory authorities

7. Security Measures: Specific measures required to protect confidential information, including digital security protocols

8. Return or Destruction of Information: Obligations regarding the handling of confidential information upon termination or request

9. Duration and Survival: Term of the agreement and which obligations survive termination

10. Breach and Remedies: Consequences of breach and available remedies, including injunctive relief

11. Governing Law and Jurisdiction: Specification of Indian law as governing law and jurisdiction for disputes

12. General Provisions: Standard boilerplate clauses including amendments, notices, and severability