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Saksham

Stealth • 6m

After my yesterday's post on Agreements and Contract, people asked me if I am doing an agreement where money is not involved and the transaction is in kind, is it valid? The answer is no. In India, only the agreement which has a monetary value attached as a consideration is valid. There's no barter system allowed. Additionally, a napkin agreement where two parties agreed to something and signed on a napkin is not a admissible contract. A valid contract must be on a non-judicial stamp paper.

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Saksham

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Tip to maintian your own authenticity and credibility. Be it being a freelancer or an employee of a startup, always consider the project/contract/agreement under an NDA clause. Never in any circumstance disclose the trade secrets or operational in

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Adithya Pappala

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Anonymous

Stealth • 1m

Can investors demand their full money back if a startup fail?? or they can only demand if there is a agreement?? Can someone explain it briefly!!

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[This post has been deleted by the creator]

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Aarihant Aaryan

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