Best Practices on Contract Vetting by Anju Bubna скачать в хорошем качестве

Best Practices on Contract Vetting by Anju Bubna

Join our WhatsApp community for more updates: https://chat.whatsapp.com/KdF0PlnGN9R... Contract Vetting is proofreading from a legal perspective. This answers the question, whether drafting is more essential than vetting. While the draft of a contract is made with the key points mentioned; vetting requires the person to do a very intense check of the clauses & recitals, intent of the parties & the risk involved, to protect a client’s interest. Vetting helps a counsel to facilitate a definite transaction flow. The speaker highlights some of the clauses that a contract includes, focusing mainly on research, definitions, duties and liabilities, guarantees, indemnities, IPR, ADR, and Jurisdiction. The speaker explains the importance of listing out client's requirements and checking the draft thoroughly. The speaker also entails which terms, clauses & unnecessary descriptions are to be removed from a contract and how contracts can be framed cohesively. Disclaimer The information provided in the video is for informational purposes only and are not intended to serve as a substitute for consultation with a lawyer. Specific legal issues, concerns and conditions always require the advice of appropriate legal professionals. Every effort has been made to avoid errors in this video. Any mistake, error or discrepancy noted by the netizens may be brought to the notice of the team along with evidence of it being incorrect. 00:00 Introduction 01:23 Key Points of Contract Vetting 02:47 Research 10:01 List out Client’s Requirements 14:57 Check out the Draft Thoroughly 20:07 Definitions 21:25 Duties & Liabilities 23:10 Guarantees, Warranties & Indemnities 24:47 Intellectual Property Rights 26:06- Dispute Resolution Method 28:51 The Broader Vision 29:25 Jurisdiction & Termination 30:39 Points to be removed during vetting 33:54 Q&A #plea_IN #ProgrammeforLegalEducationandAwareness