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Information Release for India

Information Release Template for India

An Information Release agreement under Indian law is a legally binding document that facilitates the controlled disclosure of specific information from one party to another. This document establishes the terms and conditions for sharing confidential or proprietary information while ensuring compliance with Indian legal requirements, including the Information Technology Act, 2000, and relevant data protection regulations. It defines the scope of permitted use, confidentiality obligations, data handling requirements, and the responsibilities of both the disclosing and receiving parties. The agreement includes provisions for data security, return or destruction of information, and remedies for unauthorized disclosure, all within the framework of Indian jurisdiction.

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What is a Information Release?

The Information Release agreement is essential in today's business environment where controlled sharing of sensitive information is crucial for commercial operations. This document type is commonly used in India when organizations need to share confidential or proprietary information with other parties while maintaining legal control over its use and dissemination. The agreement ensures compliance with Indian legal requirements, including the Information Technology Act, 2000, data protection regulations, and relevant industry-specific requirements. An Information Release agreement is particularly important when sharing trade secrets, technical data, business strategies, customer information, or other sensitive data. It provides legal protection by clearly defining the scope of permitted use, establishing confidentiality obligations, and specifying the consequences of unauthorized disclosure. The document is designed to be adaptable to various business contexts while maintaining the necessary legal safeguards under Indian jurisdiction.

What sections should be included in a Information Release?

1. Parties: Identification and details of the information provider and recipient, including registered addresses and authorized representatives

2. Background: Context of the information release, relationship between parties, and purpose of the agreement

3. Definitions: Key terms used in the agreement, including 'Confidential Information', 'Authorized Purpose', 'Representatives', etc.

4. Information to be Released: Specific description and scope of information being released

5. Purpose of Release: Clearly defined permitted uses of the released information

6. Terms of Release: Conditions under which the information is being released, including any restrictions on use

7. Recipient Obligations: Responsibilities of the receiving party regarding handling and protection of the information

8. Duration: Period for which the release is valid and any provisions for extension

9. Non-Disclosure Obligations: Requirements for maintaining confidentiality of the released information

10. Return or Destruction: Provisions for returning or destroying the information after the purpose is fulfilled

11. Governing Law and Jurisdiction: Specification of Indian law as governing law and jurisdiction for disputes

12. Execution: Signature blocks and execution details

What sections are optional to include in a Information Release?

1. Third Party Rights: Include when the information may need to be shared with third parties or when third party rights are involved

2. Data Privacy Compliance: Include when personal data is involved, detailing compliance with Indian data protection requirements

3. Intellectual Property Rights: Include when the released information contains or relates to intellectual property

4. Industry-Specific Compliance: Include when the information release is subject to specific industry regulations

5. Security Measures: Include when specific security protocols need to be followed for handling the information

6. Indemnification: Include when specific indemnities are required for misuse or unauthorized disclosure

7. Insurance Requirements: Include when insurance coverage is required for handling sensitive information

8. Dispute Resolution: Include when specific dispute resolution mechanisms like arbitration are preferred

What schedules should be included in a Information Release?

1. Schedule 1 - Information Description: Detailed description of the information being released, including format and medium

2. Schedule 2 - Authorized Recipients: List of individuals or entities authorized to receive and handle the information

3. Schedule 3 - Security Protocols: Specific security measures and protocols for handling the information

4. Appendix A - Handling Procedures: Step-by-step procedures for handling, storing, and processing the released information

5. Appendix B - Return/Destruction Certificate: Template certificate for confirming return or destruction of information

6. Appendix C - Compliance Checklist: Checklist of compliance requirements and confirmations

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

India

Publisher

Ƶ

Cost

Free to use
Relevant legal definitions



































Clauses






























Relevant Industries

Information Technology

Healthcare

Financial Services

Manufacturing

Professional Services

Research and Development

Education

Telecommunications

Pharmaceuticals

Defense

Energy

Real Estate

Media and Entertainment

Retail

Relevant Teams

Legal

Compliance

Information Security

Data Protection

Risk Management

Information Technology

Research and Development

Human Resources

Operations

Corporate Communications

Business Development

Finance

Executive Leadership

Procurement

Relevant Roles

Legal Counsel

Compliance Officer

Data Protection Officer

Chief Information Security Officer

Chief Technology Officer

Business Development Manager

Research Director

Project Manager

HR Director

Operations Manager

Risk Manager

Information Security Manager

Contract Manager

Chief Financial Officer

Chief Executive Officer

Intellectual Property Manager

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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