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This Reciprocal Non-Disclosure Agreement is designed for situations where two parties need to share confidential information with each other in India, typically during business discussions, negotiations, or collaborative projects. The document is specifically drafted to comply with Indian law, incorporating requirements from the Indian Contract Act, 1872, and other relevant legislation. It's commonly used before entering into detailed business discussions, due diligence processes, or when exploring potential partnerships. The agreement ensures that both parties have equivalent obligations to protect each other's confidential information, including trade secrets, business plans, technical data, and other sensitive information. It includes specific provisions for enforcement under Indian jurisdiction and provides clear mechanisms for handling confidential information during and after the term of the agreement.

1. Parties: Identification of both parties entering into the NDA, including registered addresses and company details

2. Background: Context of the agreement and purpose for sharing confidential information

3. Definitions: Definitions of key terms including 'Confidential Information', 'Representatives', 'Permitted Purpose', and other relevant terms

4. Scope of Confidential Information: Detailed description of what constitutes confidential information under the agreement

5. Mutual Obligations of Confidentiality: Core obligations of both parties regarding protection and non-disclosure of confidential information

6. Permitted Disclosures: Circumstances under which confidential information may be disclosed, including to employees, advisors, or as required by law

7. Security Measures: Required security measures for protecting confidential information

8. Return or Destruction of Confidential Information: Obligations regarding the return or destruction of confidential information upon termination or request

9. Term and Termination: Duration of the agreement and termination provisions

10. Survival: Obligations that continue after termination of the agreement

11. Remedies: Available remedies in case of breach, including injunctive relief

12. Governing Law and Jurisdiction: Specification of Indian law as governing law and jurisdiction for disputes