3. Trade Secret
Elements
Independent economic value
Generally known or readily ascertainable
Proper means
Persons
Reasonable Efforts
4. Trade Secret
Reasonable efforts
Express duty of non disclosure via
Employment agreements
Non-disclosure agreements
Entrance and Exit interviews
Restricted access
Marking
Security system and policy
5.
6. Misappropriation
Conduct which results in obtaining
trade secret information by improper
means constitutes misappropriation.
‘Imrproper means’
Criminal Conduct
Breach of Contract
Tortious liability
9. Niranjan v. Century Spinning
Employee - Training
Confidentiality and Non-compete clauses in
employment agreement of 5 years
Joined competitor
Injunction against disclosure
Restraint during term of agreement valid
AIR 1967 SC 1098
10. Mundipharma AG Vs. Wockhart
Polyvinyl pyrolidone-Iodine (PVP-I)
License to sell preparations - 'Betadine' and
Isodine
Confidentiality of manufacturing processes
Non-compete clause
Held not valid as information not confidential
ILR 1991 Delhi 606
11. Case 1
Salsbury
Met with higher ups before joining
Worked on the same project
Took valuable documents
Wrote an article criticizing the project
12. Case 2
Pioneer v. Holden
Seen around farms
Managed to hire a key person
Acquired data related to breeding
13. Indian Law
Trade Secrets
Contract
Trust/Relation of Confidence
Criminal Law
IT Act
Official Secrets Act
14. Patent v. Trade Secret
Three areas of conflict
Patentable
Partially patentable
Not patentable
Factors
15. Patent and Padlock
Overprotect
Exploit the overlap
Build a wall
Lay a mine field
Fall back position
Patent and Padlock
16. – Thank you
– For the ppt and further information
www.bananaip.com/sinapse-blog