Trade Secrets in India

Securing confidential business knowledge and competitive advantage.

What Are Trade Secrets?

Trade secrets are confidential business information that provides an enterprise a competitive edge. Their protection is evolving through judicial precedent and now a proposed legislation.

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New Trade Secrets Act, 2024 (Highlight)

  • New Trade Secrets Act, 2024 (Highlight)
  • It should have commercial value due to its secrecy.
  • Holder must take reasonable steps to protect it.
  • Disclosure must cause potential damage.
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Legal Standing, Remedies & Jurisdiction in India

1
Legal Position in India

Under common law via breach of confidence and equity.

2
Relief & Remedies

Injunctions, damages, account of profits, destruction of materials.

3
Jurisdiction

Cases go to Commercial Courts based on plaintiff’s location or business operation.

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Pillar 1: Secrecy

Confidentiality is the foundation.

Pillar 2: Commercial Value

Trade secrets must hold business value.

Pillar 3: Protection Steps

Protective measures ensure legal recognition.

“Need Help Protecting Your Trade Secrets?”

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