Consultancy Agreement

(3 customer reviews)

Consultancy Agreement

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₹7,999.00

Product price: ₹7,999.00
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Consultancy Agreement

(3 customer reviews)

Consulting Services Agreement

A consulting agreement is a formal contract established between an organization or employer and a consultant. This agreement outlines the terms and conditions governing their professional relationship, including deliverables, timelines, compensation, roles, and responsibilities.

From a business perspective, it is essential to enter into a consultancy agreement to clearly define the consultant’s scope of work and to establish obligations such as confidentiality, exclusivity, indemnification, and non-competition.

 

Elements of a Consulting Agreement

A well-crafted Consulting Agreement covers the following aspects:

  1. Job Description and Consultant Duties: Clearly outlines the consultant’s roles and responsibilities.
  2. Deliverables: Specifies the expected or required deliverables from the consultant.
  3. Compensation Structure: Defines the payment terms and structure for the consultant’s services.
  4. Consultancy Term: Specifies the duration of the consultancy and any lock-in period, if applicable.
  5. Exclusivity Requirement: Addresses whether exclusivity is required from the consultant.
  6. Leave Entitlements: Specifies any entitlements or provisions for leaves.
  7. Termination Procedures: Describes how the consultancy can be terminated and the notice period required.
  8. Intellectual Property Rights: Determines the ownership and treatment of intellectual property developed during the consultancy.
  9. Non-compete and Non-solicit Restrictions: Specifies any restrictions on competing or soliciting clients after the consultancy ends.

 

Legal Framework for Consulting Agreements in India

Laws Governing Various Aspects of Consulting Agreements in India:

  1. The Indian Contract Act, 1872
  2. Shops and Commercial Establishment Act (State-specific)
  3. Industrial Relations Code, 2020
  4. Code on Social Security, 2020
  5. Code on Wages, 2019
  6. Arbitration and Conciliation Act, 1996
  7. Copyright Act, 1957
  8. The Trademarks Act, 1999
  9. Patent Act, 1970
  10. Design Act, 2000

MyLawPoint for property document verification was 100% worth it. Initially, I hired a lawyer for bank loan document processing but was disappointed with their professionalism. MyLawPoint connected me with an expert advocate who articulated all possible pitfalls in purchasing the property (DC Survey 66/1 Chikkanagamangala) from Reliaable Developer. Their detailed legal report helped me avoid a potential loss of 80 lakhs. I'm grateful for MyLawPoint's excellent coordination and swift document collection. Thank you to their team for saving me from a risky investment.

Govind

I purchased a flat in Hyderabad, but the builder delayed possession beyond the committed date. This caused significant financial strain as I was paying high EMIs and rent, leaving me with no money at month-end. Feeling stressed and helpless, I discovered MyLawPoint. Their Property Expert Lawyer suggested sending a legal notice to the builder and appealing to RERA for the delayed possession. Thanks to their guidance, I received compensation from the builder for the delay and finally gained possession of my flat. MyLawPoint's support was invaluable in resolving this effectively.

Malani

I had an exceptional experience with MyLawPoint. Their support throughout the entire process, from Property Paper Verification to the Sale Deed Registration, was truly comprehensive and invaluable. The level of service they provided exceeded my expectations, and I am highly satisfied with the outcome. Their dedication to keeping me informed with timely updates at every step of the way further showcased their professionalism and commitment to client satisfaction. I wholeheartedly recommend MyLawPoint to anyone in need of legal support for their property transactions.

Gerald Gilbert

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Frequently Asked Question

Is Stamp Duty included in MyLawPoint's fee?

No, stamp duty is not included in MyLawPoint's fee. It should be paid separately, and our lawyers will assist you in procuring it.

How long does it take to register the property?

The time taken for property registration varies based on the sub-registrar office and property registration flow. Typically, after document submission to MyLawPoint, expect 3-7 days for lawyer-assisted property appointments with the local sub-registrar office.

Do I need to be present at the Sub Registrar Office?

Yes, while MyLawPoint handles appointments and formalities, your presence at the sub registrar’s office is required on the day of registration appointment.

Can an Agreement to Sell be cancelled?

Yes, an Agreement to Sell can be cancelled through mutual consent or if a condition in the contract permits cancellation. However, penalties or consequences may be specified in the agreement for cancellation.

Consultancy Agreement

On Sale
(3 customer reviews)

Consulting Services Agreement

A consulting agreement is a formal contract established between an organization or employer and a consultant. This agreement outlines the terms and conditions governing their professional relationship, including deliverables, timelines, compensation, roles, and responsibilities.

From a business perspective, it is essential to enter into a consultancy agreement to clearly define the consultant’s scope of work and to establish obligations such as confidentiality, exclusivity, indemnification, and non-competition.

 

Elements of a Consulting Agreement

A well-crafted Consulting Agreement covers the following aspects:

  1. Job Description and Consultant Duties: Clearly outlines the consultant’s roles and responsibilities.
  2. Deliverables: Specifies the expected or required deliverables from the consultant.
  3. Compensation Structure: Defines the payment terms and structure for the consultant’s services.
  4. Consultancy Term: Specifies the duration of the consultancy and any lock-in period, if applicable.
  5. Exclusivity Requirement: Addresses whether exclusivity is required from the consultant.
  6. Leave Entitlements: Specifies any entitlements or provisions for leaves.
  7. Termination Procedures: Describes how the consultancy can be terminated and the notice period required.
  8. Intellectual Property Rights: Determines the ownership and treatment of intellectual property developed during the consultancy.
  9. Non-compete and Non-solicit Restrictions: Specifies any restrictions on competing or soliciting clients after the consultancy ends.

 

Legal Framework for Consulting Agreements in India

Laws Governing Various Aspects of Consulting Agreements in India:

  1. The Indian Contract Act, 1872
  2. Shops and Commercial Establishment Act (State-specific)
  3. Industrial Relations Code, 2020
  4. Code on Social Security, 2020
  5. Code on Wages, 2019
  6. Arbitration and Conciliation Act, 1996
  7. Copyright Act, 1957
  8. The Trademarks Act, 1999
  9. Patent Act, 1970
  10. Design Act, 2000

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₹7,999.00

Product price: ₹7,999.00
Total options:
Order total: