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Agreement with Material supplier


24-Oct-2023 (In Corporate Law)
I want to have one year agreement with my Material supplier in india.Is signing the agreement on company letter head with agreed terms and conditions regarding timely matetial supply,pricing and payment modes is valid in INDIA.Kindly suggest. Regards
Answers (2)

Answer #1
876 votes
Hi
It is valid in india but it doesn’t have to be on a letter head.
The agreement has to be properly executed on a stamp paper with proper terms
Let us know in case you need help
All the terms, payment terms and duration are important for these kind of service agreement
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Answer #2
658 votes
Yes that’s valid but that’s alone should not be your concern because we have seen in past that clients do not proof read agreements and tempt to sign it and then later on in case of dispute they face difficulties because it is binding on you. So proof read it and execute it in a right manner.
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