In business, there are numerous instances when a party (Disclosing Party) may want to share confidential information with the other party (Receiving Party). The Disclosing Party, in such a scenario, would want its confidential information to be adequately protected from disclosure to other parties, especially it is business competitors. One common way to protect the confidential information given to the other party is through the use of a Non-Disclosure Agreement, which is also referred to as a “Confidentiality Agreement” or “NDA.” Non-Disclosure Agreement is signed between Disclosing Party and Receiving Party prior to the exchange of any confidential information thereby restricting the Receiving Party from disclosing confidential information to any other party. Sabkuch Legal is one of the best in the domain in drafting and reviewing Non-Disclosure Agreements.
Here are some typical situations where you may want to use an NDA:
NDAs may be customized to any degree but there are six major elements that are considered essential:
The benefits of NDA are mentioned below:
What is Non-Disclosure Agreement?
Non-Disclosure Agreement (NDA) is signed between Disclosing Party and Receiving Party prior to exchange of any confidential information thereby restricting the Receiving Party from disclosing confidential information to any other party
What is the main benefit of NDA?
NDA keeps confidential information of Disclosing Party secret and confidential.
Is NDA essential for your business?
Yes, it is essential if sensitive and confidential information is exchanged between parties.
How long does it take to draft NDA?
We try our best to complete your task in shortest possible time.
How many years’ experience do we have in drafting NDAs ?
We have subject matter experts drafting your NDAs having many years of experience in drafting the same.