COVER PAGE FOR UPLOADING OF AGREEMENTS ON CONTRACT REPOSITORY
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GUIDELINES FOR. DRAFTING AND EXECUTION OF CONTRACTS.
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[Audio] In this module we are going to cover the following topics:.
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When Agreement becomes a Contract:. An Agreement having following attributes becomes a contract:.
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[Audio] Let us know the process to execute an agreement in HIPP…….
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[Audio] Following things should be paid attention to, while preparing an agreement. (Read All) let us learn few more things about.
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DRAFTING AND VETTING. HIPP- GUIDELINES FOR DRAFTING AND EXECUTION OF CONTRACT IN HIPP.
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[Audio] Following things should be paid attention to, while preparing an agreement. (Read All) let us go through it one by one.
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STAMP PAPER. VALUE OF STAMP PAPER. The value of stamp paper for Lease Agreements should be in accordance with respective State Stamp Acts. Lease agreements having a term more than one year or to be renewed after every 12 months are required to be registered. It is advisable to execute agreements, which are not required to be registered, on a stamp paper of Rs. 100..
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SCENARIO. MOHAN SAN EXECUTED A CONTRACT DATED 01.04.2023 ON A STAMP PAPER DATED 02.04.2023..
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The date of Stamp paper cannot be after the date of execution of the Contract..
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SCENARIO. A LEASE AGREEMENT IS TO BE EXECUTED FOR AREA SALES OFFICE JAIPUR. THE OTHER PARTY HAS ITS REGISTERED OFFICE IN KOLKATA AND HEAD OFFICE IN CHENNAI. PRITI SAN BOUGHT A STAMP PAPER FROM GREATER NOIDA AND EXECUTED THE CONTRACT..
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The Stamp Paper should be bought from either of the following places : 1) KOLKATA 2) CHENNAI 3) JAIPUR.
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[Audio] Now lets consider the issues faced by us while uploading your document to repository: All Agreements must have their NFA separately attached with it..
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PRINTING AND SIGNING. HIPP- GUIDELINES FOR DRAFTING AND EXECUTION OF CONTRACT IN HIPP.
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Printing and Signing can be divided in three major steps:.
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All three major areas are summerised herein below:.
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UPLOADING CONTRACTS TO THE HIPP REPOSITORY. HIPP- GUIDELINES FOR DRAFTING AND EXECUTION OF CONTRACT IN HIPP.
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Purpose of submitting the Contracts into the Repository.
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[Audio] Now lets consider the issues faced by us while uploading your document to repository: All Agreements must have their NFA separately attached with it..
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NFA should have following details:. A clipboard with a pen Description automatically generated.
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[Audio] Now lets consider the issues faced by us while uploading your document to repository: All Agreements must have their NFA separately attached with it. AGREEMENTS EXECUTED ON LETTER HEADS WILL NOT BE ACCEPTED AND UPLOADED..
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DIFFERENT TYPES OF AGREEMENTS. In HIPP we enter into many transactions resulting into various agreements, such as:.
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Following Contracts are required to be uploaded into the repository:.
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How to Renew a Contract:. Whenever term of a Contract is expired it can be renewed in following ways:.
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In this module we have covered the following topics:.
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THANK YOU. A red text on a black background Description automatically generated.