Client Briefing 14

GOVERNING LAW

This non disclosure agreement Agreement shall be governed and construed in accordance with the laws of by Indian Contract  Act, 1872 and according to it non disclosure agreement is legally binding contract. 


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Q: Elaborate section 22 of Indian Contract Act ?

Ans: Section 22 of Indian Contract Act mentions about the mistake of fact.  Contract caused by mistake of one party as to matter of fact.—A contract is not voidable merely because it was caused by one of the parties to it being under a mistake as to a matter of fact. Then there is the other type of mistake, a mistake of fact. This happens when both the parties miscomprehend each other leaving them at a crossroads. Such a mistake can be because of an error in understanding, or ignorance or omission etc. Here a mistake is never intentional but it is an innocent overlooking. These mistakes can either be unilateral or bilateral. Bilateral Mistake:  When both parties of a contract have committed  a mistake of fact which is crucial to the agreement, such a mistake is what we call a bilateral mistake. Here both the parties have not consented to the same thing in the same sense, which is the definition of consent. Since there is an absence of consent altogether the agreement is...
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Q: Elaborate section 21 of Indian Contract Act ?

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Q: What is non disclosure agreement ?

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