Corpsage Legal

Contract/Agreement Drafting And Vetting

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Contracts have been an important part of all businesses and hence of commercial litigation. In the present era of commercialization, it is important that a business entering into a contract today needs and intends to have a perfect contract, one that is clearly drafted & can be effortlessly understood by a person of ordinary prudence, while also being detailed enough not to be wrongly or willfully interpreted. However, a lot of time is needed for drafting a legally sound and detailed contract so that all stipulations of the parties can be incorporated for meeting the objectives of such a contract with precautions along with minimizing the legal as well as business risks that may be a result of inconsistent language. Taking the time and resources to carefully draft contracts/agreements will prevent many legal problems for corporations/businesses.

Contract Drafting Services

The team at Corpsage Legal LLP (Advocates & Solicitors) is knowledgeable and aware of the issues that may occur during commercial relationships. Hence, our team leaves no stone unturned and uses their experience & invests all needed resources & time in the drafting stage to make sure that the business interests of our customers & all the contracting parties are safeguarded from every angle and at every stage of the contract execution such as pre-drafting, signing and till the contract is completely executed. Drafting of commercial agreements is an important part of our contract management services. Our team makes sure all the clauses incorporated in the Contracts/Agreements drafted are substantially strict to guard against subsequent misinterpretation yet sufficiently flexible to allow other party/parties to add their own requirements. For this, our team follows every guideline cited under The Indian Contracts Act 1872 and Commercial Courts Act 2015.

Our team works honestly and dedicated to ensuring that the drafted Contracts/ Agreements have suitably worded clauses about Commercial Terms, Confidentiality, Distributorship, Escrow, Force Majeure, IP Ownership, Indemnity, Liability, Roles and Responsibilities of parties involved, Technology Transfer, Termination Clauses, Trademark protection, Turnkey Transactions, timelines to be complied with, Jurisdiction & Applicable Law, etc., wherever relevant, and hence are all-inclusive & complete in every respect.

We at Corpsage Legal LLP (Advocates & Solicitors) have carefully created a specialized commercial law team which has the responsibility to draft the contracts such as e-Contracts, EULAs, Terms and Conditions, MoUs, Joint Venture Agreements, Shareholding Agreements, Investor Agreements, and other Commercial Contracts. Our entire group of lawyers and advocates is completely conversant with each requirement of e-contracts & special clauses that are needed for being incorporated into agreements like  Terms of Use, Privacy Policy, and Terms of Service, and others, with the aim of preventing disputes that might arise from the misinterpretation of technical terms, intended meaning of each clause, and other typical issues. To protect our customers’ interests, we incorporate and consider all the supplementary acts such as:

  • Commercial Courts Act 2015
  • Contract and Commercial Acts
  • Data Protection and Privacy Rules
  • IT Act
  • Requirements across different territories
  • The Indian Contracts Act 1872

Contract/Agreement Vetting

In terms of contracts between two or more business partners, viz Purchase and Sale agreements or Joint Venture agreements, generally there is an inclusion of future considerations, contingent on events that might take place after the execution of the contract. In general terms, these contracts focus on the legal issues that are involved in the transaction rather than on the financial and accounting aspects of the method of calculating future compensation. However, this does not mean that the formulas are not stipulated in the agreement, but rather that the expressions used are often ambiguous and complex.

The commercial law team of Corpsage Legal LLP comprises legal experts belonging to different academic backgrounds like Accounting, Finance, Science & Technology, and others. All our experts have a full-fledged skill set for carefully reviewing an imperfect contract along with presenting to you a thoroughly examined version which is not just according to your business needs but also the governing law and policy.

Commercial Lawyers in Noida and other parts of India are a part of our team, who help us do the vetting of commercial contracts as per the requirements of clients and law. The process of legal vetting involves a thorough inspection of documents to verify they comply with the applicable laws. When contracts go through legal vetting, the provisions of the agreement are thoroughly reviewed to meet the following goals:

  • Clarifying issues
  • Defining specific roles
  • Ensuring clarity in terms and conditions
  • Establishing legal remedies
  • Providing monetary security
  • Safeguarding interests

Poorly drafted agreements can cause misunderstandings and perhaps undermine one’s position because of unclear wording.

Our Services

  1. Authorization Agreement
  2. Confidentiality Agreements
  3. Franchise Agreements
  4. Job Work Agreement
  5. Joint Venture Agreement
  6. Licensing Agreement
  7. Marketing Agreement
  8. Non-Disclosure Agreement
  9. Procurement Agreements
  10. Sale & Supply Agreement
  11. Service Agreement
  12. Supply Agreement
  13. Technical Agreement
  14. Tri-partite agreement

Highlights of Contract Management Services by Corpsage Legal LLP

  • We are offering comprehensive services for contract management which encompasses various aspects of business agreements. It comprises drafting many types of agreements customized according to the specific needs of our clients.
  • We carry out comprehensive vetting of existing agreements, providing professional advice on the required modifications and improvements in the contracts.
  • We also provide interpretation services to ensure a clear understanding of all the terms and conditions that are mentioned in the agreements.
  • We possess specialization in agreement management, wherein all the negotiations are skilfully navigated and successful renewals are facilitated.
  • We toil hard to deliver outstanding support and guidance to our clients throughout the complete agreement process.

 

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