Intricacies of Contracts Simplified

Organised By: Mahratta Chamber of Commerce, Industries and Agriculture
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  3. 5900

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    1. When to AttendJul 27, 2017 / Jul 29, 2017
    2. What time to Attend05:00:PM - 8:00:PM
    3. Where to Attend bajaj conference hall no. 2, MCCIA Trade Tower, ICC, 5th Floor, A Wing, Senapati Bapat Road, Pune
    4. Who should AttendFounders, CEOs, Sales Heads, Legal Heads, Procurement Heads Company Secretaries, Chartered Accountants, In-house Counsels, Legal practitioners, Commercial and Procurement Managers
    5. What should you Pay Member: 5310 per person
      Non Member: 5900 per person
    6. Organizing Committee Corporate Legislation
  • Contact Person
    Ms. Kiran Joshi, Phone: 91-20-25709182 , Email:


Overview and Objective

Drafting and negotiating commercial contracts is an integral part of business. Alignment of business goals and contracts is critical to avoid disputes, many of which relate to interpretation of contract terms. It is imperative that contracting parties are clear about the terms and conditions that form part of their contract.

With this background, MCCIA has designed a 3-day comprehensive programme that will acquaint participants with important principles of contract law, and the purpose and effect of standard terms in contracts. The insights acquired during the programme will guide participants while they negotiate and make contracts. The objective of this programme is to enable participants in making contract-related decisions consciously and more effectively.

Programme Contents

  • Making the contract - Negotiations, Offer and Acceptance, LOIs, MOUs, POs, Invoices.
  • Parties to a contract, Who can be parties, Signatures, Doctrine of privity, Sub-contract
  • Operative part, Obligations, Types and arrangement, Security for performance, Bank Guarantees
  • Non-performance and breach, Consequences of breach, Liquidated damages
  • Enforcement of contracts, Courts vs Arbitration
  • Freedom of parties to decide terms

Certain typical terms and provisions in contracts:

  •   arbitration
  • assignment
  • choice of jurisdiction
  • choice of law
  • confidentiality
  • exclusion clauses
  • force majeure clauses
  • indemnities
  • intellectual property rights issues
  • licences and permissions
  • limiting liability
  • liquidated damages
  • payment, security for payment
  • recitals
  • representations and warrantiesv ? restraint of trade or employment
  • schedules
  • termination
  • variation


Dr Nilima Bhadbhade, Advocate and Consultant.
Mr Vivek Sadhale, Advocate, Co–Founder, LegaLogic Consulting.

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