Commercial Contracts are the foundation of all business ventures initiated by entrepreneurs and thus has become a key practice area of law at Ahlawat & Associates. With a combination of astute business acumen and years of corporate and commercial legal experience, the firm has been providing sophisticated advice and business counselling to various national and international companies operating in diverse sectors such as e-commerce, sports, fintech etc. Whether it is by executing master services agreements or referral partner agreements or licensing agreements, the requirement and necessity for well-structured agreements are constant, as such agreements assist the contracting parties to effectively lay down their risks and liabilities including the payment obligations while entering into an arrangement.
At Ahlawat & Associates, our team of professionals assist the clients to navigate their way around intricate and sensitive agreements so that the interest of their client is sufficiently protected. We regularly assist and advise both startups as well as multinational companies, in structuring different kinds of commercial contracts.
A&A takes pride in its expertise in Commercial Contract drafting. Our role as corporate commercial lawyers is to understand the commercial rights and obligations of our clients, and accordingly endeavour to reflect the commercial understanding via enforceable contractual provisions. This process involves performing intensive legal research on the industry practice(s) adopted in our clients’ industries with the ability to interpret the statute in its true spirit and the regulatory environment within which our clients operate.
Our lawyers as part of their services, advise their clients on the best possible and available entry strategy(ies) to mark their presence in the concerned industry, formation of special purpose vehicles to undertake specialized works of contract and negotiate with the concerned parties to arrive at an amicable settlement reflecting the restructuring of domestic private and public companies within India and globally.
Master Services AgreementA master agreement governs the nature of the relationship and the terms that will govern the future transactions undertaken within the agreed arrangement. These agreements form the basis of any business arrangement and capture the essence of the relationship between the parties.
Purchase and Sale AgreementThese agreements are aimed to capture one party’s agreement to purchase goods/services from the other contracting party and thus these agreements as part of its framework specify the quantities, consideration payable,the invoicing, delivery mechanism, risk and rewards transfer and consequences for the goods purchased.
Lease and Rental AgreementsLease and/or Rental Agreements are formulated to encapsulate the relationship between a landlord and a tenant. A&A has gained experience over a period of time basis which it has been able to formulate and draft agreements for both landlord and tenants.
Contract manufacturing AgreementA contract manufacturing agreement is made for the purpose of one-party seeking service of production of components/ products by the manufacturer. A&A has experience in drafting such agreements and has been successful in reflecting and protecting the desires of its clients.
- We have undertaken drafting of commercial contracts for a Fintech company for the purposes of API integration between one party being the payment processor and the other party being the company providing services to the public at large and receiving funds through the software of the payment processor. While drafting the agreements, the team ensured that necessary compliances were specified by the Reserve Bank of India and enumerated under the compliance, and clauses relating to the Payments and Settlement Systems Act, 2007.
- We have also assisted a sports clubs in drafting partnership agreements between themselves and fan engagement platforms encapsulating various points such as management of issued fan tokens, distribution of revenue generated therefrom, marketing and promotional liabilities etc.
- We have also been engaged by various clients to assist them in drafting agreements for engaging celebrities and social media influencers to endorse brand products and limit the liabilities of the contracting parties to a reasonable extent under the agreement.
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