Transfer of Technology

Technology transfer as opposed to licensing, as the expression suggests, is transfer of technical
know-how which may include species of IP, confidential skills, knowledge, technologies,
methods, facilities etc. A technology transfer agreement lays down terms and conditions in respect

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of the mode of transfer and use of technology. The transfer usually takes place through documents and/or provision of technical services, assistance and training, software programs, sale of machinery, raw materials etc.

The information/documents imparted may be required to be kept confidential by the transferee and use thereof permitted only for limited purpose/s agreed upon between the parties. In case of breach of any such term/s, the Courts take into account the confidential information which is to be protected and is not in public domain.