Events

Mahratta Chamber of Commerce, Industries and Agriculture

arranges a Programme on

Intricacies of Contracts: Simplified    

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Date           : Saturday,3^rd March, 2012    &   Saturday, 17^th March, 2012  (Only Two Saturday’s )

Time           : 02.30 pm to 05.30 pm  

Venue         : Hall No 06, MCCIA Trade Tower, ICC, 5^th Floor, A Wing, Senapati Bapat Road, Pune – 411016

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The Programme:

A background in contract law can direct business-persons while they negotiate or make contracts, and enable them to make written contracts effectively.

A written contract reflects the agreement between parties. It gives their obligations. It also has legal consequences affecting obligations, non-performance and disputes arising from the contract. It is essential to appreciate how certain standard terms in contracts affect one’s interests.

The programme “Intricacies Of Contracts : Simplified“ is designed to acquaint participants with basic principles of contract law, and the purpose and effect of some standard terms in contracts. The insights acquired during the programme will guide participants while they negotiate and make contracts. They will be able to make contract-related decisions consciously and more effectively.

For Whom:

Company Secretaries, Chartered Accountants, Legal Officers, Marketing Personnel, Commercial Managers and all those who contract.

Programme Contents:

• The process of making a contract - negotiations, offer and acceptance, Letters of Intent, MOUs, Purchase Order (PO), Invoice / Proforma Invoice.

• Parties to a contract – who can be parties, authority to sign, signatures, doctrine of privity, whom does a contract bind, Sub-contracting

• Operative part – obligations, types and arrangement; security for performance

• Non-performance and breach (including Bank Guarantee)

• Consequences of breach

• Enforcement of contracts

• Freedom of parties to decide terms, effect of breach and consequences of breach

• Certain typical terms and provisions in contracts:

• recitals

• representations and warranties

• payment and security for payment

• good faith

• variation

• assignment

• licences and permissions

• termination

• limiting liability and exclusion clauses

• Insurance as risk mitigation

• liquidated damages

• force majeure clauses

• indemnities

• confidentiality

• restraint of trade or employment

• intellectual property rights related issues

• arbitration

• choice of law

• choice of jurisdiction

• schedules

Faculty :

•   Smt.  Nilima  Bhadbhade – Senior Lecturer ,  ILS Law College, Pune.

•   Shri  Vivek Sadhale  – Company Secretary and Head – Legal and Investor Relations, Persistent Systems Ltd, Pune.

Fees :

Members : Rs. 2500/-  ; Others : Rs. 3000/-  

For Details and Registration Contact :

Shri. Ashok Budhkar  or Ms. Kiran Joshi at -

Mahratta Chamber of Commerce, Industries and Agriculture

MCCIA Trade Tower, 5^th Floor, ICC , Senapati Bapat Road, Pune - 411 016  

Tel : 25709000/ 9182 / 171      Fax – 25709021

Email : kiranj@mcciapune.com / ashokb@mcciapune.com    Website:- www.mcciapune.com

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