Document background
The Business Broker NDA is a crucial document used in the Indian business environment when engaging business brokers for company sales, acquisitions, or mergers. This agreement becomes necessary when confidential business information needs to be shared with brokers and potential buyers during business transactions. The document, governed by Indian law including the Indian Contract Act 1872 and relevant statutes, protects sensitive information such as financial records, customer lists, trade secrets, operational procedures, and proprietary technology. A Business Broker NDA is particularly important in India's growing M&A market, where business brokers often handle multiple clients simultaneously and need clear confidentiality obligations. The agreement typically includes specific provisions for information handling, permitted disclosures, non-circumvention clauses, and remedies available under Indian law.
