What is the scope of trade secret protection in India?

Trade secret protection in India falls under the Indian Contract Act, 1872, which deals with trade secrets and intellectual property rights. Trade secrets are defined as confidential knowledge or information that is not generally known to the public or to those who can obtain economic value from its use or disclosure. Trade secrets can be protected through non-disclosure agreements, industrial or commercial contracts, or through the use of trademarks, copyrights, and patents. In India, the scope of trade secret protection is broader than in many other countries and applies to any information, method, procedure, process, design, formula, technique, or compilation of information that is used in business and provides the owner with economic value from its secrecy. To receive legal protection, the owner of the trade secret must take reasonable steps to keep the information confidential. This may include limiting access, restricting disclosure, and using non-disclosure agreements. The scope of trade secret protection in India also includes criminal offenses. If the trade secret is disclosed without authorization or knowledge of the owner, then the offender can face criminal prosecution, civil litigation, or both. If a company is found to have misappropriated a trade secret, then it can be fined and its directors may be liable for damages. In summary, trade secret protection in India is broad and covers any information or method used to provide economic value. The scope of protection includes criminal offenses, civil litigation, and the use of non-disclosure agreements. The owner of the trade secret must take reasonable steps to protect the information and any unauthorized disclosure can result in legal action.

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