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22nd Law Commission on Trade Secrets
March 13 , 2024
260 days
324
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- The 22nd Law Commission recommended that new legislation be introduced to protect trade secrets with exceptions relating to whistleblower protection, compulsory licensing, government use, and public interest.
- The 22nd Law Commission headed by Justice Ritu Raj Awasthi.
- Trade secrets are intellectual property rights on confidential information that may be sold or licensed.
- They derive their value from being kept secret.
- Currently, India lacks a specific law for the protection of trade secrets.
- Instead, they are safeguarded under the general laws governing contracts, common law, criminal law, and principles of breach of confidence and equity.
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