Jan 25, 2024

Commercial Contracts 2023 (India Chapter)

Our Lexology Panoramic Guide on Commercial Contracts, 2023 (India Chapter) delves into critical elements of commercial contracting in India and provides insights on crucial elements such as the relevance of good faith in negotiation, acceptance of standardised contracts, enforceability of a contract by a non-signatory, and limitations to assignment of rights and obligations in a contract. The guide also discusses cases relating to the enforcement of financial liability caps, liquidated damages and awarding of punitive damages by courts. 

With an eye on the dynamic nature of the legal landscape, the guide provides a comprehensive outlook o
n contracting in India along with latest developments into the acceptability of foreign governing law, the efficiency of the local legal system in resolving commercial disputes, validity and stamping of electronic contracts.  

Please click here to read the entire publication.





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