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PRACTICE AREA / 03

Contracts, leases & technology

Understand what the agreement asks of you.

Commercial agreements read as a whole: supply and service contracts, software, cloud and AI vendor terms, and commercial leases and franchise arrangements.

The laws covered: Indian Contract Act, 1872 · Information Technology Act, 2000 · Registration Act, 1908 · DPDP Act, 2023

Commercial contractsSaaS & AI vendor termsLeases & franchiseLiability & exit

SUBJECTS WITHIN THIS AREA

Key questions under this law.

01

Formation

When is an agreement, including an online click-through, an enforceable contract? (s. 10, Indian Contract Act, 1872; s. 10A, Information Technology Act, 2000)

02

Damages and indemnity

How far do damages, agreed-compensation clauses and indemnities reach? (ss. 73, 74, 124 and 125, Indian Contract Act, 1872)

03

Leases

Which leases must be registered, and why does stamp duty matter? (s. 17(1)(d), Registration Act, 1908; the stamp law of the State)

A PRACTICAL STARTING POINT

A self-check
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COMMON QUESTIONS

A little more context.

Stamp duty, registration and sector rules depend on the instrument and the State.

India Code: Indian Contract Act, 1872 ↗
Does a lease agreement confirm the landlord’s title?

No. Title, encumbrances and approvals are separate questions that depend on the property records.

Does a vendor statement settle who owns AI outputs?

No. Ownership depends on the contract terms, any third-party material and the applicable intellectual property law.

Are stamp duty and registration the same everywhere?

No. The instrument, the property location and the applicable central and state provisions all matter.

RELATED READING

Updates in this area.

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