Consultancy Agreement

A Consultancy Agreement is a legally binding contract under the Indian Contract Act, 1872, between a consultant (individual or company) and a client for expert services in sectors like IT, legal or management consulting. Stamped per the Indian Stamp Act, 1899, it outlines scope of work, payment terms, intellectual property (IP) protection (e.g., under the Trade Marks Act, 1999), confidentiality and dispute resolution (e.g., arbitration under the Arbitration and Conciliation Act, 1996). 

Compliant with GST regulations and valid for e-signing under the IT Act, 2000, Novam Legal crafts tailored agreements, including optional subconsultancy clauses for subcontracted services, ensuring clarity, compliance and professional partnerships. Here’s how a Consultancy Agreement delivers value for your business:

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    Process Steps for a Consultancy Agreement with Novam Legal

    Comprehensive Needs Consultation

    We discuss your project goals, consultant role, and sector-specific needs (e.g., IT or legal consulting), ensuring a tailored agreement.

    Detailed Terms Structuring

    Our team defines scope, payments, IP, confidentiality, and optional subconsultancy clauses, creating a balanced framework.

    Customized Agreement Drafting

    We craft a legally sound agreement, compliant with the Contract Act, 1872 and Stamp Act, 1899, protecting your interests.

    Collaborative Review & Refinement

    We review the draft with both parties, explain clauses, and refine terms based on feedback for perfect alignment.

    Execution and Ongoing Support

    We facilitate e-signing per the IT Act, 2000 or physical signing and provide guidance for amendments or renewals on a paid basis (optional).

    Post-Execution Consultation & Advisory (optional)

    After execution, we offer ongoing advisory services on an optional basis. These services help ensure the agreement remains relevant, address any evolving needs, and provide clarity on new legal or operational challenges. Please note that this ongoing support will be provided at an additional charge.

    Benefits of a Consultancy Agreement

    Defined Project Scope

    Clear tasks and deliverables under the Contract Act, 1872, prevent scope creep in consulting projects like IT or management, ensuring focus.

    Minimized Dispute Risks

    Structured terms and arbitration clauses (per Arbitration Act, 1996) reduce conflicts, ensuring smooth collaboration.

    Access to Specialized Expertise

    Agreements secure expert services, delivering value in fields like legal or accounting consulting, per client needs.

    Formalized Partnerships

    Professional, Stamp Act-compliant terms establish trust, fostering long-term retainer-based relationships.

    Mutual Performance Accountability

    Clear expectations and IP safeguards (per Trade Marks Act, 1999) ensure both parties meet obligations, enhancing outcomes.

    Prerequisites for Consultancy Agreement

    Deliverables for a Consultancy Agreement with Novam Legal

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    • Any 5 Business Agreement Drafting @ 𝐑𝐬 𝟑𝟎,𝟎𝟎𝟎
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    Frequently asked Questions

    A legally binding contract under the Indian Contract Act, 1872, outlining terms for a consultant to provide expert services to a client.

    It clarifies scope, payments and IP protection, reducing disputes and ensuring compliant, professional consulting relationships.

    Scope of work, payment terms, confidentiality, IP protection, arbitration clauses and termination terms, per Contract Act standards.

    Yes, when stamped per the Stamp Act, 1899, it’s enforceable under the Contract Act, 1872.

    Yes, stamp duty under the Stamp Act, 1899, varies by state, ensuring evidentiary value and enforceability.

    IP clauses safeguard proprietary work or trademarks, per Trade Marks Act, 1999, during consulting engagements.

    Breaches may lead to arbitration (per Arbitration Act, 1996) or legal action, with remedies like damages or injunctions.

    Yes, e-signing is valid under the IT Act, 2000, with stamp duty compliance.

    We craft sector-specific agreements with scope, IP and arbitration clauses, compliant with Contract Act and industry standards.

    Our expert drafting, regulatory compliance and ongoing support ensure effective agreements, reducing risks over generic templates.

    Yes, with client consent, subconsultancy clauses clarify subcontracted services, liability and terms, per Contract Act standards.

    Yes, with mutual consent and Novam Legal’s support, amendments comply with the Indian Contract Act, 1872.

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    When I needed a critical business agreement drafted, NOVAM Legal delivered beyond my expectations. Their team was incredibly thorough, ensuring every clause was tailored to protect my interests while maintaining clarity and fairness. The level of detail and legal expertise they brought to the table was impressive, and they made sure to explain the complex legal terms in a way that was easy to understand. The entire process was seamless, and I felt confident knowing I had a well-crafted agreement in place. I would highly recommend NOVAM Legal to anyone in need of professional legal drafting services.

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    A stress-free, professional experience with NOVAM Legal!

    When I needed a critical business agreement drafted, NOVAM Legal delivered beyond my expectations. Their team was incredibly thorough, ensuring every clause was tailored to protect my interests while maintaining clarity and fairness. The level of detail and legal expertise they brought to the table was impressive, and they made sure to explain the complex legal terms in a way that was easy to understand. The entire process was seamless, and I felt confident knowing I had a well-crafted agreement in place. I would highly recommend NOVAM Legal to anyone in need of professional legal drafting services.

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