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NDA - Non Disclosure Agreement

                                                                                                                                                                                                                      Non-Disclosure Agreement (NDA)


*        Meaning:

A Non-Disclosure Agreement (NDA) is a document that is exchanged between a prospective acquirer and a target in the initial stages of an acquisition transaction. The document is exchanged after the prospective acquirer shows interest in a company after looking at the teaser of the target. The purpose of NDA is to secure confidential information that the party receives to ensure that the information is not used against the target company for its own benefit. The NDA is also referred to as a “Confidentiality Agreement.” An NDA is very important and useful for the prospective target, as the target is the one who reveals all confidential information about the company. They fear the risk of others finding out about the information and it may fail to generate trust among customers and employees. For acquirers, on the other hand, it is absolutely fine and normal to look for acquisitions and growth.

A non-disclosure agreement is a legally binding contract between the parties which confers the confidential relationship between them while making such a business transaction. The parties to the contract ensure that the sensitive information obt

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