Dear All Seniors,
Greetings to all !
I created a contract with a company situated in Noida, U.P. for providing a service of "Data Entry Typing work" on their software by investing 2.5 Lakh as security money for Project processing.
When we started to communicate for business contract then they told me about target 4000 form/ month per system. But in agreement creation, they had written 2000 forms/ Month per system.
Agreement has been signed in Last month on 14th, April 2016. Now work is about to start to type from next 1-2 days, they are telling to me that is a mistake and this will be changed in agreement 4000 forms instead 2000 forms.
But I am not agree to any changed in agreement. I am ready to work as given agreement, because I know 4000 forms per month is hard to achieve.
Either the company should go ahead as per agreement that is signed on time creation or should return my security money.
What is a legal step to go ahead with company to communicate for further?
From India, Faridabad
3Greetings to all !
I created a contract with a company situated in Noida, U.P. for providing a service of "Data Entry Typing work" on their software by investing 2.5 Lakh as security money for Project processing.
When we started to communicate for business contract then they told me about target 4000 form/ month per system. But in agreement creation, they had written 2000 forms/ Month per system.
Agreement has been signed in Last month on 14th, April 2016. Now work is about to start to type from next 1-2 days, they are telling to me that is a mistake and this will be changed in agreement 4000 forms instead 2000 forms.
But I am not agree to any changed in agreement. I am ready to work as given agreement, because I know 4000 forms per month is hard to achieve.
Either the company should go ahead as per agreement that is signed on time creation or should return my security money.
What is a legal step to go ahead with company to communicate for further?
From India, Faridabad
Greetings,
Assuming you created the contract in presence or at least with guidance of a legal authority, what is that authority saying now?
If we give them a benefit of doubt, how does that impact your returns? Please look into the loop holes first.
Any data mentioned in the contract has to maintained till the end of it.
From India, Mumbai
Assuming you created the contract in presence or at least with guidance of a legal authority, what is that authority saying now?
If we give them a benefit of doubt, how does that impact your returns? Please look into the loop holes first.
Any data mentioned in the contract has to maintained till the end of it.
From India, Mumbai
Please put relevant clauses of contract in the forum for experts to read and comment.
You were aware that 4000 forms per month was the basis on which you started negotiation,then you should have refused at that time itself,when you were aware that 4000 is a stiff target.
That way you could have avoided paying security deposit.
Now you can stick to the wordings of contract and insist on 2000 forms but the other party is not ready.
Legally the other party is bound by terms as signed,but could and will argue it is a clerical mistake and wold be supported by earlier talk of 4000 forms.
Speak to the company and tell them that refund of Security deposit will avoid an unnecessary legal dispute.
Be convincing and polite and try to reach mutual settlement.
Your actions also are marked by confusion.
When you saw the figure 2000 in final contract document,you should have cross checked as this is vital to our whole contract.
From India, Pune
You were aware that 4000 forms per month was the basis on which you started negotiation,then you should have refused at that time itself,when you were aware that 4000 is a stiff target.
That way you could have avoided paying security deposit.
Now you can stick to the wordings of contract and insist on 2000 forms but the other party is not ready.
Legally the other party is bound by terms as signed,but could and will argue it is a clerical mistake and wold be supported by earlier talk of 4000 forms.
Speak to the company and tell them that refund of Security deposit will avoid an unnecessary legal dispute.
Be convincing and polite and try to reach mutual settlement.
Your actions also are marked by confusion.
When you saw the figure 2000 in final contract document,you should have cross checked as this is vital to our whole contract.
From India, Pune
This looks like one of the scams where they take your security deposit and vanish ......
Did you have this verified properly ?
They are legally liable to follow what is in the agreement, but they have your money and therefore the leverage.
So, if the matter goes to court, your money is stuck for the next 10 years at least.
It fully depends on how ethical the Company is
From India, Mumbai
Did you have this verified properly ?
They are legally liable to follow what is in the agreement, but they have your money and therefore the leverage.
So, if the matter goes to court, your money is stuck for the next 10 years at least.
It fully depends on how ethical the Company is
From India, Mumbai
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