Q: What is promise in non disclosure agreement ?

Ans: 

By Varun Singhal 

Section 2(b) of Indian Contract Act:

Section 2(b) of Indian Contract Act mentions when the person to whom the proposal is made signifies his assent thereto, the proposal is said to be accepted. A proposal, when accepted, becomes a promise.  

For instance: 

According to section 2(b) of Indian Contract Act if Ram proposes shyam to open the car manufacturing business, either Shyam would accept the proposal of Ram or would reject the proposal of Ram. Suppose , Shyam accepts the proposal of Ram, it means that Shyam has made promise to Ram. Section 2(b) of Indian Contract Act mentions about the promise and only the acceptance of Shyam to start car manufacturing business with Ram abiding the non disclosure clause of confidential matter of car design is a promise of Shyam to Ram in non disclosure agreement. 

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