Under Indian law, a written signature is not necessarily required for a valid contract – contracts are generally valid when legally qualified parties enter into an agreement, whether they accept verbally, electronically or in a physical paper document. The Information Technology Act, 2000, expressly confirms that contracts cannot be refused because they are concluded electronically. In order to prove a valid contract, parties sometimes have to present evidence in court. Leading solutions for digital transaction management can provide authorized electronic records under Section 65B of the Evidence Act, 1872, to support the existence, authenticity and valid acceptance of a contract. CONSIDERANT that the parties intend to record in writing the terms of their agreement. Ltd. (B.C.) referred to as the “company” that is in the process of setting up an Internet portal on – Any agreement can be reviewed by an expert prior to signing and legal advice must include the need to record the facts. Simple investments without a profit and loss structure do not constitute a business risk. Most investors will default to a stake in a business. Depending on the amount, this can vary between 1% and a majority stake of 51% or more, but it depends entirely on the amount that will be invested in relation to the total value of the business. 4. You will be careful to register the above agreement in order to avoid future legal problems in this regard. A frequent request from an investor is an investment option – essentially a percentage of shares available in exchange for investments.
Whether you are an investor who wants to invest money in a start-up or an entrepreneur trying to invest financing in your project, it is important that you understand the terms of any investment. 2) It is not necessary to register the investment agreement You can however buy your interest to protect your shares of the company with the investment money and will be its director to ensure the return. 2. In India, scanning is still in the preludes for which it will be wise for you to execute and record the agreement by manually signing before the registrar. This memorandum of understanding made this _____________between ABC ____________day with his office at__________________, India referred to as “ABC” (which is the term “ABC Group” unless it is repugnant to the context or importance of serving and joining itself and other current shareholders of the __________________Pvt. Ltd. and their respective heirs, executors, directors and assignments) of a party and mr. XYZ with his office at_____________________. (Hereafter referred to as “XYZ,” the term “XYZ Group” unless they are repugnant to the context or importance of this group and do not include its nominees to the extent covered by this party and their heirs, executors, directors and beneficiaries of the assignment) of the SECOND PART; 6.