Stipulation in a contract accountability for past liability
(Querist) 11 July 2018
This query is : Open
My employer wants me to sign an agreement which has a stipulation that " The X shall be solely liable for the payment of past, present and future central, state and local levies, direct and indirect taxes, duties if any..."
Q. How do I avoid liability for PAST transactions? Is there any section or provision under contract Act which can come to my aid. That such a clause/ stipulation if incororated wrt past liability which has not culminated would become void because of uncertainity etc.