Services - Deeds & Contracts

Good written contracts save money and strengthen business relationships.

Drawing up a contract is a good way of ensuring that things go well. Problems and unforeseen difficulties are common features of any business proposition. A contract helps to make sure that everyone agrees in advance how to solve them. If there are any disputes you can’t resolve, it also helps you to take action.

Things that you should ponder upon while drawing a contract

When preparing a detailed contract, things such as payment terms, warranties, delivery of products, scope of services, dispute resolution (i.e., avoiding court) and other less glamorous, but nonetheless important, issues come up. The parties have to discuss these up-front, and work out the details amicably or walk away without harm.

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Ideally, get the contract checked out by a qualified legal practitioner. It may cost a few thousand rupees, but if you are spending thousands, it is a small price to pay to ensure that you are signing something that protects your interests as well as those of the company you employ.