Practice Areas
Commercial Contracts
Strategic Expertise in Commercial Contracts
Commercial contracts are the cornerstone of every entrepreneurial and corporate venture. At MNA & Associates, we blend sharp business insight with extensive corporate and commercial legal experience to provide advanced advice and business counseling to a wide array of national and international clients across industries, including e-commerce, sports, and fintech.
The need for well-structured contracts cannot be overstated. These agreements clearly define risks, liabilities, and payment obligations, ensuring that all parties understand and adhere to their roles and responsibilities. By anticipating potential challenges and structuring contracts with precision, we aim to protect our clients’ interests and foster trust in business relationships.
At MNA, our goal is to empower businesses with practical legal solutions that drive sustainable growth while ensuring compliance, governance, and operational excellence at every stage.
FAQs/Knowledge Bank
A commercial contract is a legally binding agreement between parties that requires them to either take specific actions or refrain from doing so. Common examples of commercial contracts include non-disclosure agreements, licensing agreements, sale and purchase agreements, and terms and conditions agreements.
E-contracts are executed electronically, providing an eco-friendly and time-efficient solution. These legal e-contracts are valid and enforceable in India, as acknowledged by the Indian Contracts Act of 1872. However, they must adhere to the requirements set forth in both the Indian Contracts Act and the Information Technology Act of 2000.
Key clauses in a commercial contract include confidentiality, indemnification, liability, termination, jurisdiction, and force majeure. These clauses are essential for clarifying terms and preventing confusion during disputes or while executing the contract.
Have any question?
Feel free to reach out to us.