Transactional Documentation in India
Every industry sector has its own technical requirement, the form and nature of documents required to be executed are different. Just as construction, maintenance and operation Agreements are important for construction and engineering industry, exploration and production Agreements are important for the hydrocarbon sector; same is the case of leasing agreements for the aviation industry, Franchise Agreements for IP based companies. Each of such sectors needs specialized lawyers and consultants.
The usual practice in India is to involve technical specialists like engineers, chartered accountants, company secretaries and other fields experts in assisting lawyers and law firms in documenting transactions. Full-Service law firms with specialized consultants and subject experts are best placed to undertake such highly specialized task of documenting commercial transactions of various hues.
CLG Transactional documentation Practice
CLG is well adept in drafting Agreements for different industry sectors and technology areas. Over the years, CLG has served Clients in various segments like hydrocarbon, infrastructure, pharmaceuticals, food and nutrition, telecommunications, wines and spirit etc. and just as each segment is different from the other, their procedural and legal requirements are also different. CLG has a significant experience of drafting, vetting and negotiating sector-specific Agreements and ‘standard procedure’ documents for diverse industries. With our multi disciplinary practice areas, we concentrate on immediate transactions as well as potential disputes and the changing policy in that sector. CLG’s professional involvement with Transactional documentation stretches across legal advice, policy alert on commercial transactions and more importantly, negotiation, drafting and vetting of documents and Agreements in various sectors-
- Intellectual Property related documents - Patent and High Technology Agreements; Licensing, Acquisition and Franchise and Know-How Agreements; Joint Development Agreements; Mass Market Licenses like Shrink Wrap and Use-Based licenses; Software and Source Code Escrow Agreements; Licensing of Motion Pictures for multi media use etc.
- Pharmaceutical and Biotechnology - Clinical Trial Agreements; Material Transfer Agreements; Supply Chain Agreements; Distributors and Stockists’ Agreements; Tolling and Contract Manufacturing Agreements; Service Agreements with special reference to Technical and IT support services; Standards Operating Procedures (SOP); Marketing Agency Agreements; Contract Research Organisation Agreements (CRO) etc.
With its highly experienced team of scientists, technicians and lawyers, CLG has advised a number of US and Europe-based Pharmaceutical companies on various areas of Transactional documentation.
- Infrastructure - Project Finance documents; Power Purchase Agreements; Site Conveyance Deeds or Lease Agreements; Engineering Procurement and Construction Agreements; Equipment Supply Agreements; Operation and Maintenance Agreements; Escrow/Security Agreements etc.
- Oil, Gas & Mining - Exploration and Production Agreements; Pipeline Sharing and Leasing Agreements; Fuel Supply Agreements; Seismic Survey Agreements; Rigs supply Agreements etc. We have significant experience of handling various types of hydrocarbon projects in many parts of the world including Gabon, Libya and Nigeria.
CLG has substantial working experience on various aspects of commercial tools such as Guarantees, Counter-Guarantees, Letters of Credit and specific issues like Liquidated Damages, Force Majeure etc. and drafted a good number of Confidentiality Agreements, Agency Agreements, Opportunity Exploration Memoranda of Understanding, Joint Bidding Agreements, Market Sharing Agreements etc. for many sectors. |
