Trade Secrets & Confidential Information

What is a Trade Secret?

Trade Secret, the name itself defines the secret of any trade or business that is known to a limited group of persons and has a commercial value. Trade Secrets are intellectual property right(s) on confidential information which may be sold or licensed. Trade Secrets do not require registration, unlike other Intellectual Property Rights.

What is Confidential Information?

Confidential Information is the information disclosed by one party to the other party in the course of business and it shall not be disclosed to the public. The concept of Confidential Information is based upon the doctrine of law of confidence and equitable principle i.e, the person who has received the information must not use it for unfair advantage to the detriment of the person who provided the information without their consent.

Trade Secret Protection

Trade Secret Protection services are specialized offerings aimed at helping businesses safeguard their trade secrets from unauthorized use, disclosure, or theft. Trade secrets are a form of intellectual property that include formulas, practices, processes, designs, instruments, patterns, or compilations of information that are not generally known or reasonably ascertainable. The protection of these assets is crucial for maintaining competitive advantage.

Non Disclosure Agreements (NDA)

Non-Disclosure Agreements (NDAs) are legal contracts between two or more parties that outline the confidentiality of shared information. These agreements are used to protect sensitive information from being disclosed to third parties and to ensure that the information remains confidential. NDAs are commonly used in business to safeguard trade secrets, proprietary information, and other confidential data.

Trade Secret Litigation

Trade secret litigation involves legal disputes related to the misappropriation, unauthorized use, or theft of trade secrets. Trade secrets refer to confidential business information that provides a competitive edge to an organization, and protecting these secrets is crucial for maintaining business integrity and competitiveness.