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Frequently asked Questions
A Service Agreement is a legally binding contract under the Indian Contract Act, 1872, defining terms, scope and deliverables for services between a provider and client.
It ensures clear expectations, protects IP and deliverables and minimizes disputes, fostering trust and compliance in client relationships.
Scope of services, deliverables, payment terms, IP ownership, timelines and arbitration clauses, per Indian Contract Act, 1872.
Yes, when stamped per Stamp Act, 1899 and executed, it’s enforceable under the Indian Contract Act, 1872.
Yes, stamp duty under the Stamp Act, 1899, varies by state to ensure legal enforceability in India.
IP clauses secure ownership of work product, per Copyright Act, 1957, safeguarding business assets for providers and clients.
Breaches may lead to damages or arbitration under the Indian Contract Act, 1872 and Arbitration Act, 1996, based on agreement terms.
Yes, e-signing is valid under the IT Act, 2000, ensuring enforceability with proper execution and stamp duty.
Novam Legal crafts industry-specific agreements with Contract Act-compliant IP and deliverable clauses, tailored to your business.
Custom agreements address unique service needs, ensure enforceability and reduce risks compared to generic templates
Clear terms and deliverables foster trust, cost efficiency and repeat business, per Contract Act standards.
Yes, per termination clauses, with potential penalties for breach, as outlined in the Indian Contract Act, 1872.
