Q: How is NDA related to intellectual property ?

Ans: Intellectual property rights have emerged as one of the most important things a company may own in the modern world. Non-disclosure agreements (NDAs) were created as a result of the necessity to protect these assets.  By forbidding parties from disclosing such important information and business secrets transmitted in their commercial interactions, NDAs preserve the secrecy of the information and keep it hidden from prying eyes. NDAs and other restrictive covenants, however, may violate Section 27 of the Indian Contract Act, 1872, which deems unlawful any contract that forbids a person from engaging in a lawful trade, business, or profession which is void.

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