Commercial T&C Mukul Draft

Understanding Contracts “The Basics” – Loesche India Pvt Ltd.

Why Contracts formed ? ,[object Object],[object Object],[object Object],[object Object]

PO / Contract / Letter of Intent / Letter of Award / M O U ? ,[object Object],[object Object],[object Object],[object Object]

Essentials of Contracts ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Contracts- Written Vs. Oral ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Contract Formation ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Usual Contentious Clauses ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Pricing & Payment Terms ,[object Object],[object Object]

LD / Penalities / Retention ,[object Object]

Liability / Indemnification Terms ,[object Object],[object Object],[object Object]

Warranties ,[object Object],[object Object]

Rejection clause ,[object Object]

Standard Contracts Terms : Why ? ,[object Object],[object Object],[object Object]

Sources of Risk in Contracts ,[object Object],[object Object],[object Object]

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