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 Non Disclosure Agreement in Malaysian Law, Is it effective?

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TSjason83
post May 21 2008, 01:18 AM, updated 18y ago

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hi, just wanna ask people around here, say i have a business idea and i need someone to help me develop the idea. before i let him know the full details, i ask him to sign a non disclosure agreement stating that he cannot use the idea for his own interests bla bla.

just wanna know, in malaysia, how effective is this NDA in protecting my idea? hmm.gif

if the developer uses this idea for himself, what kind of legal action can i take against him? if yes, how long do i need to wait (cos i understand the courts in malaysia all full, need to take number and queue?)? sweat.gif

would appreciate some feedback from you guys especially those in the legal industry. thumbup.gif

thanks! thumbup.gif
SUSTC_Boy
post May 21 2008, 01:25 AM

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I believe you can patent a Business model. I think Amazon or Ebay did this. Enforcement of it is up to you. It is your duty to sue people who stolen your business model and not the police.

This post has been edited by TC_Boy: May 21 2008, 01:27 AM
Polaris
post May 21 2008, 01:49 AM

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See how China co's copycat like there's no tomorrow?

Good luck with da patent business
joe_mamak
post May 21 2008, 09:27 AM

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Consult a lawyer. He can draft up something that will protect your interests. My company has signed some of these agreements with MNCs. The agreements look pretty airtight.
TSjason83
post May 23 2008, 01:05 AM

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QUOTE(joe_mamak @ May 21 2008, 09:27 AM)
Consult a lawyer.  He can draft up something that will protect your interests.  My company has signed some of these agreements with MNCs.  The agreements look pretty airtight.
*
bro, but expensive or not?

and reliable or not ar the document?

 

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