Insights
An overview on trade secrets
March 7, 2024Our firm along with ASSOCHAM has prepared a Knowledge Report titled “An Overview on Trade Secrets” to highlight the trends in terms of protection of trade secrets around the world.
The report attempts to explore the Indian legal system to identify mechanisms, which would be applicable and may be utilised by right holders in enforcing their trade secrets in absence of specific legislation.
Trade secrets are valuable to every organisation as their economic benefits is dependent on secrecy. Indian companies face issues to prevent leakage of the secrets, data, knowledge etc, since there is no statutory protection for trade secrets and they are protected under the law of contracts, the protection ceases only when a trade secret is disclosed and it becomes public or when the sensitive nature of the secret is compromised.
Contributed by: Dev Robinson, National Practice Head, Intellectual Property; J.V. Abhay, Partner; Apoorva Murali, Partner.
J.V. Abhay
Partner
Apoorva Murali
Partner
