Q: Who would be promisor and promisee in non disclosure agreement ?-
Ans: Section 2(c) of Indian Contract Act, 1872:
According to section 2(c) of Indian Contract Act, 1872, the person making the proposal is called the promisor and the person accepting the proposal is called the promisee.
According to section 2(c) of Indian Contract act, suppose Ram proposes Shyam to incept car manufacturing business with the confidentiality clause of non disclosure of car design and Shyam accepts the proposal of Ram, the acceptance of Shyam is the promise of Shyam to Ram.
The Ram is the promisor here and Shyam is the promisee here
According to section 2(c) of Indian Contract Act, 1872, the person making the proposal is called the promisor and the person accepting the proposal is called the promisee.
According to section 2(c) of Indian Contract act, suppose Ram proposes Shyam to incept car manufacturing business with the confidentiality clause of non disclosure of car design and Shyam accepts the proposal of Ram, the acceptance of Shyam is the promise of Shyam to Ram.
The Ram is the promisor here and Shyam is the promisee here
Comments
Post a Comment