Commercial Contracts & Disputes Resolutions

The privets of contract can be personal also. But when we talk about the commercial contracts, we need to go through all its articles and clauses carefully, because each and every word narrated in the commercial contract can affect the rights and liabilities of the parties in different manner. To understand further the commercial contracts can be divided into different parts like–commercial, covenants and its enforceability. The commercial and covenants are exclusively decided and introduced as per the requirements, desire and consent of the parties and the enforceability of any contract or legal document will always remain subject to the law of land at the relevant time.

Every disagreement in the commercial negotiations results deadlock and the only remedy is alternative dispute resolution system, which not only protects the commercial relationship, but also reduces the costs & save the valuable time of the parties concerned. In a contractual relationship between the two private parties they are always supposed to act in terms of the contract only and no question of compliance of principles of natural justice arises nor the question of judicial review of such action need to be provided for.


Corporate Commercial Documentation

Documentations are the essence of any commercial transactions and the corporate world requires preparation of written legal documents, motion, brief, memo or contracts etc. on routine basis. The preliminary version drafted for the first time, during the course of negotiations, decide covenant of the parties.


Joint Ventures and Technical Collaborations

One another type of commercial contracts is Joint Ventures & Technical Collaborations. Where the joint ventures often having more broader scope for the purpose and nature of its responsibilities and liabilities, which normally settled between principal to principal or principal to executor like owner-developer, manufacturer-promoters, manufacturer-manufacturer and so on. In technical collaborations the technically developed companies agrees to provide technical assistance and machinery to the other part of contract.

Like any other laws in India the Law relating to contracts, commercial transactions, dispute resolution etc are codified, which not only help us to understand its procedure & technicalities, but also provides fair and transparent opportunity to contest and also help the effective implementation and smooth functioning of any commercial entity. Though the law is very vast but to give a brief idea the relevant and important legislations, related to the subject, are :-


Private Equity, Funds and Project Finance

The investments, working capital, share holdings, funds are always first priority to any commercial contracts. Though it is purely confidential part and to be discussed and decided between the parties but for effective implementation and successful commercial transactions, the knowledge of related laws and its applicability to every transaction is relevant. Though the law is very vast but to give a brief idea the relevant and important legislations, related to the subject, are :-

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