From Common Law To Codification: The Future Of Trade Secrets In India
- IJLLR Journal
- Jun 21
- 1 min read
Rachcha Harshal Abhijit., BA.LL.B., ILS Law College, Pune, India
ABSTRACT:
Trade Secrets also can be termed as the intellectual capital of the rapidly expanding and innovation-driven Indian as well as Global economy. Despite India’s status as a signatory to the TRIPS Agreement, there is a want for a dedicated legal framework for trade secret protection. Using secondary research methodology, this paper critically examines the current legal landscape, primarily the judicial precedents, and the limitations of the existing protection available via contract law, criminal law, equity-based jurisprudence, etc. It highlights upon the obligations under Article 39 of the TRIPS Agreement and gives a nuanced overview of the Law Commission’s 289th Report concerning Trade Secrets. The Paper reiterates upon the imminent need for comprehensive legislation for the protection of sensitive commercial information given the rising digital threats and international competition.