Drafting of Commercial Agreements
Corpsage Legal LLP has a corporate team possessing expertise in positive handling of all the matters that are related to the law of Trust and Societies, Company Laws, Partnerships, and Drafting of Commercial Contracts, Corporate Agreements Deeds, MOU/MOA, etc. With their specialization, we are offering Contract Management Services wherein Drafting of Procurement Contracts, and Vetting of Commercial Contracts are two of the main services. We offer all these services under The Indian Contract Act 1872 which is a key act that regulates the Indian contract law.
The Act is applicable to every Indian state and it determines the terms & conditions wherein parties make a promise to a contract which is legally binded. Under Section 2(h), the Indian Contract Act 1872 defines such a contract as an agreement that is enforceable by Law.
To draft the commercial agreements, our corporate team begins with a minute assessment of the requirements along with the scope of the said agreement. Based on this, those challenges are listed that might cause issues in the execution & functioning of the said agreement. After this, the team carries out rounds of meetings to get a comprehensive comprehension of the needs, based on which tailor-made agreements are prepared that meet the specific business needs of our clients according to their unique conditions.
What Are Different Types of Commercial Agreements?
Under the contract management services, we – Corpsage Legal LLP, also provide the below-mentioned legal consultancy services:
Drafting of Procurement Contracts
As per The Indian Contract Act, 1872, drafting of procurement contracts is important to establish legal relationships in all commercial transactions. Such types of contracts are important for defining the terms, conditions & obligations governing the acquisition of services or goods. We – Corpsage Legal LLP, navigate through all the intricacies of contract law while offering the service of drafting procurement contracts. With this, the interests of both parties are safeguarded.
Vetting of Commercial Contracts
We support clients with the vetting of commercial contracts according to Indian Laws and Acts. In this legal vetting process, our specialized team makes a careful and critical examination of every document that will be used in terms of the law. Since the commercial contracts or agreements are to be read, understood, and analyzed, the wordings, and expressions used in the body of the agreement must be precise, hence there cannot be any artificial words. Therefore, clients should take our service of vetting commercial contracts that will help them save unforeseen losses.
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