Partnership Non Disclosure Agreement for India

Partnership Non Disclosure Agreement Template for India

This document is a comprehensive Partnership Non-Disclosure Agreement (NDA) designed for use in India, governed by Indian law including the Indian Partnership Act, 1932, and the Indian Contract Act, 1872. It provides a robust framework for protecting confidential information shared between partnership entities, whether in the context of existing partnerships or during partnership negotiations. The agreement includes detailed provisions for information security, permitted disclosures, breach remedies, and compliance with Indian regulatory requirements, making it suitable for both domestic and international partnerships operating within Indian jurisdiction.

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What is a Partnership Non Disclosure Agreement?

This Partnership Non-Disclosure Agreement is essential for businesses entering into or exploring partnership arrangements in India where confidential information needs to be shared. The document is particularly relevant in today's business environment where partnerships often involve sharing sensitive technical, financial, or strategic information. It complies with Indian partnership and contract laws, including the Indian Partnership Act, 1932, and addresses modern business needs such as digital data protection. The agreement is designed to protect both parties' interests while facilitating necessary information exchange for partnership evaluation or operation. It's suitable for various partnership structures, from simple two-party arrangements to complex multi-party partnerships, and can be customized for specific industry requirements while maintaining compliance with Indian legal standards.

What sections should be included in a Partnership Non Disclosure Agreement?

1. Parties: Identification of all partnership parties entering into the NDA, including full legal names and addresses

2. Background: Context of the partnership relationship and purpose of sharing confidential information

3. Definitions: Detailed definitions of key terms, especially 'Confidential Information', 'Permitted Purpose', 'Representatives', and 'Disclosing Party/Receiving Party'

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

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

6. Permitted Disclosures: Circumstances under which confidential information may be disclosed, including to employees, advisors, or as required by law

7. Security Measures: Specific measures required to protect confidential information

8. Return or Destruction of Information: Requirements for handling 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 breaching the agreement and available remedies

11. General Provisions: Standard clauses including governing law, jurisdiction, entire agreement, and amendments

What sections are optional to include in a Partnership Non Disclosure Agreement?

1. Data Protection Compliance: Special provisions for compliance with data protection laws, necessary when personal data is involved

2. Intellectual Property Rights: Specific provisions regarding IP rights, needed when confidential information includes IP

3. Non-Solicitation: Restrictions on soliciting employees or clients, useful for business partnerships

4. Digital Security Measures: Specific provisions for protecting digital information, necessary when dealing with electronic data

5. Industry-Specific Compliance: Additional provisions required for specific regulated industries

6. International Transfer of Information: Provisions for cross-border information sharing, needed for international partnerships

7. Publicity and Announcements: Rules regarding public announcements about the partnership, useful for high-profile relationships

What schedules should be included in a Partnership Non Disclosure Agreement?

1. Schedule 1 - Specified Confidential Information: Detailed list or categories of confidential information covered

2. Schedule 2 - Authorized Representatives: List of individuals authorized to receive and handle confidential information

3. Schedule 3 - Security Protocols: Detailed security measures and protocols for handling confidential information

4. Schedule 4 - Permitted Purpose Details: Detailed description of the specific purposes for which confidential information may be used

5. Appendix A - Form of Confidentiality Undertaking: Template undertaking for representatives or third parties who need access to confidential information

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

India

Publisher

Genie AI

Cost

Free to use
Relevant Industries

Information Technology

Manufacturing

Professional Services

Healthcare

Financial Services

Real Estate

Retail and E-commerce

Telecommunications

Pharmaceutical

Education

Consulting

Research and Development

Construction

Energy and Utilities

Relevant Teams

Legal

Compliance

Business Development

Operations

Finance

Risk Management

Corporate Affairs

Strategy

Information Security

Commercial

Executive Leadership

Partnerships

Corporate Governance

Relevant Roles

Chief Executive Officer

Managing Director

Business Development Manager

Partnership Manager

Legal Counsel

Compliance Officer

Chief Financial Officer

Operations Director

Project Manager

Strategy Director

Risk Manager

Company Secretary

Chief Technology Officer

Chief Operating Officer

Commercial Director

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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