Legal Term

Trade Secret

व्यापार रहस्य (Vyapar Rahasya)
Plain English Definition

Confidential business information that gives a competitive advantage — formulas, processes, customer lists, algorithms. Unlike patents, trade secrets have no registration; protection comes from keeping them secret and using NDAs. India has no specific trade secret law but protects them under contract law and equity.

Real Indian Example

A restaurant's secret recipe, Google's search algorithm, or a company's client database are trade secrets. If an employee leaks them to a competitor, the company can sue for breach of confidentiality and seek damages.

Found In These Documents
NDAEmployment ContractPartnership Agreement

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