Execution of agreement

Guest (Querist) 17 August 2013 This query is : Resolved
A Collaboration Agreement is to be executed between XYZ Ltd., an Indian Company and ABC Ltd., a Foreign Company. If the said Agreement is signed by the Indian Company in India and the Foreign Company abroad, will it be a valid Agreement?Is it necessary to mention place of execution in the Agreement?

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Nadeem Qureshi (Expert) 17 August 2013
you can easily bear the consultation fee so it is better to contact a lawyer personally or contact online

malipeddi jaggarao (Expert) 18 August 2013
The agreement is to be stamped as per the Stamps Actof that country where it is first executed. After sending the partially executed document to the other party, it has to be adjudicated through embassy for additional stamping if any and then it can be executed at that place with the date of execution. The second date of execution will be treated as the date of execution of the document.

Rajendra K Goyal (Expert) 18 August 2013
Agree with the Expert malipeddi jaggarao ji, nothing more to add.

Raj Kumar Makkad (Expert) 18 August 2013
The place wherein the agreement has been executed as per law of that country can make its execution as per its law or the clauses duly mentioned in that agreement like arbitration etc.

prabhakar singh (Expert) 18 August 2013
Is it necessary to mention place of execution in the Agreement?

OFCOURSE YES!

Raj Kumar Makkad (Expert) 18 August 2013
Unless you mention the place of agreement, its execution is not possible at that place.

Guest (Querist) 19 August 2013
I am really surprised to go through the comment of Mr.Nadeem.Is it the reply expected from an expert.However,thankful for the comments of the rest.

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