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Credit Information Companies (Regulation) Act, 2005 · Section guide

Section 29 — Obligations as to fidelity and secrecy

Reviewed by CA Nikhil Gupta · Last reviewed 18 September 2026

Section 29 imposes fidelity and secrecy obligations on covered persons. Rule 29 operationalises this through the prescribed Form III declaration before relevant duties/access and through access/use controls.

Chapter VIIIMiscellaneous

Working notes

  • What to check: Obtain Form III before enabling access.
  • Before you close the file: Integrate secrecy into employment/vendor terms and exit revocation.
← Section 28 — Disclosure of information before any court or tribunal orSection 30 — Protection of action taken in good faith →

Finin2min summary — explanatory text. The official Act, Rules, Regulations and notifications control if there is any difference. Educational and research resource, not legal, regulatory, tax or investment advice; verify the instrument in force on the relevant date.