drafting of agreements in india

Business Agreement Format  This Agreement went into at — Between M/s. — — —-. An organization consolidated under the Companies Act, 1956, having its enlisted office at — — — - and Factory at —-.  Furthermore,  M/s. — — – Represented by — — - hereinafter alluded to as the AGENCY/SECOND PARTY.  While the organization/first gathering plans to select the Agency/Second Party as Consignee Agent in the State of— — State on the accompanying terms and conditions.  PRESENTLY THIS DEED WITNESSETH AS UNDER AGREED BY AND BETWEEN THE PARTY HERETO.  1. This understanding will be compelling and from — – and will lapse on — - and be sustainable for further periods as might be commonly settled upon between the gatherings esteem fit and appropriate to be commonly chosen.  2. The Agency will keep up legitimate records of the stocks got from the organization for conveyance/dispatches and record for every one of the stocks kept by them occasionally.  3. The Agency embraces

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The biggest challenge before any corporate lawyer is the ability to draft and review contracts. Contract drafting is not just about picking up a precedent, changing a few details and passing it on to the clients. Each client and transaction are different and should be paid attention accordingly. There is a sea of difference in what is taught in law colleges to impart drafting skills and what a lawyer faces while dealing with multiple parties trying to snatch from each other maximum gains under any commercial arrangement. The lawyers from all parties need to balance the parties expectations. There are a lot of books on drafting but they tend to be quite long, boring, full of law and jargon and it doesn't really help the reader capture much of it. All commercial contracts have standard basic principles of drafting. A good draft safeguards the legality of documentation. What is a Contract? A contract is formed when a party with sufficient legal capacity makes an offer an