offer letter contract clause- liquidated damage query
offer letter contract clause- liquidated damage query
I got an offer letter from a company and it was written in the offer letter that "Upon acceptance of this Offer/Letter (“Contract”), should you fail or refuse to commence the performance of duties
2 years ago
A. Hi,
You have to abide by the terms of the contract. You can take any decision you like and the company can't force you to comply with the agreement. But they can sue you for the breach and ask for compensation.
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Ayantika Mondal @ Prime Legal
Employment service agreement - 3 years
Hi, 2 years ago, I joined a corporate organisation by signing 3 years of service agreement. Initially the organisation provided training for 3 months. The probation period mentioned is 6 months and t
2 years ago
A. Dear Sir,
It totally depends on the contract which you have entered into at the time of joining the company. If there is clause regarding the resignation that you will have to pay that amount of money to the company then you are bound as per the contract. But if there is nothing written that you have to pay that much amount of money then you have the right to go legally against the company. On talking about leaving the company, you can leave the company and they cannot make you stay. I will onl ...ReadMore
Lucem Leg
Contract Law
John told his son, Ben, that if Ben washed and cleaned his car, he (John), would give Ben $100. Ben washed and cleaned John’s car, and when it was completed, John said he would not be giving Ben the
2 years ago
A. Hi,
A verbal contract is one whose terms have been reached by a verbal agreement. A verbal contract, unlike a written contract, is a transaction that is spoken rather than written. Oral contracts, on the other hand, are enforceable under the Indian Contract Act. As a result, he might be considered legally bound to ensure that the process is .
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Ayantika Mondal @ Prime Legal
Lucem Leg
calculation of stamp duty for arbitration clause and indemnification clause
calculation of stamp duty for an agreement with arbitration clause and an indemnification clause
2 years ago
A. Hi,
How are stamp duty and registration costs computed in India? Stamp duty is generally 5-7 percent of the market value of the property. Typically, the registration cost is 1% of the property's market value. As a result, these charges may potentially amount to millions of rupees. When there is a violation of contract, the arbitration clause is enforced, and the indemnity clause is enforced.
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Ayantika Mondal @ Prime Legal
My Uncle has signed a development agreement when drunk is that valid
My Uncle has signed a development agreement when drunk, he has 1/3rd share of the property and the documents mentioned that he went in to an agreement of sale with other person and they both are givin
2 years ago
A. Hi,
Section 12 of the Contract Act, which defines when a person is said to be of sound mind for entering into a contract, appears to imply, particularly under illustration (b), that intoxication can render a person incapable of making a contract; however, the drunkenness contemplated thereunder is of a severe variety. If he was willingly inebriated, the contract will not be deemed unlawful; but, if he was involuntarily or forcibly intoxicated, the deal will be considered a crime.
Thank you very ...ReadMore
Ayantika Mondal @ Prime Legal
Ankur Goel @ Complete Law Shield
Payment issue
I have rendered my consulting services to a client and after completing the work the client refuses to pay. In good faith no formal agreement was signed only have whatsapp and telephonic conformation.
2 years ago
A. Hello Sir/Ma'am
You have entered into an Oral Agreement with your client and he is liable to pay if he/she has availed any services from you. You could file a suit for breach of Oral Contact under The Indian Contract Act. Oral contracts are generally considered as valid as written contracts, although this depends on the jurisdiction and, often, the type of contract. In some jurisdictions, some types of contracts must be written to be considered legally binding.
Contact a lawyer in your city to ...ReadMore
Ayantika Mondal @ Prime Legal
Advocate Sinjari Bandyopadhyaya
Vaidehi Samant
How can I make sure I don’t become a victim in the process if the new agreement suddenly asks for a increase in rent?
I want to lease a land with 5 years lease agreement, landlord wants to scrap the agreement every 11 months and sign a new agreement again. She said she will give me in writing in paper that I could le
2 years ago
A. Under registration act lease for more then 11 months must be registered so landlord for his convince not registered to protect from registered fees all other tax duty it's all complixity so it's better you make agreement for five years for safe and convince under registration act
Sachin Pawar
Property transfer sons takes off all the property without giving a share
My grandfather had a property and he had 3 sons and 1 daughter, my grandfather died and the property was transfered to my grandmother later 2 sons passed away and grandmother also passed away ..now w
2 years ago
A. Hi,
Laws of Succession relate to legal principles of distribution of assets of a deceased individual. These include the order in which one person in preference of any or one person after another or any one person in particular share with any other person succeeds to the property/estate of the deceased person. All the people have equal shares and no person can take whole property until there is written in the will.
thank you.
Ayantika Mondal @ Prime Legal
Advocate Sinjari Bandyopadhyaya
How to get rid from finance agent
i sign bike finance agreement surety to my friend, now my friend went to other state he escaped. now finance agents are torturing me. how to get rid from them
2 years ago
A. Finananc agent cannot harass you nor can torture you. SC has prohibited such harassment by finance company and their agents. You can file file puce complaint against finance company and their agents citing the harassment and torture by them.
Sidhaarth S
PAYMENT CONFLICT FOR INCOME SHARE AGREEMENT
Hi, I want to ask about Income share agreement, i joined some course the course around march of 2020 and its a 6 month course and they said that they will give 100% placement when the course is done a
2 years ago
A. Hello
You are not liable to pay any amount to them as you have got the job on your own and not the job through them. Also contact a lawyer in case they send you a legal notice. Further information could be provided after getting through the agreement.
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Ayantika Mondal @ Prime Legal
