Side letters are commonly entered into by parties in commercial transactions. Side letters are ancillary to the main documents and parties generally enter into side letters to the main subject matter of the agreement.
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The basic purpose of Indian Stamp Act, 1899 is to raise revenue for the Government of India. However, over a period of time, the stamped document has obtained so much value that a ‘stamped document’ is considered much more authentic and reliable than an un-stamped document.
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This a draft developer agreement format to help in understanding the important segments and legal requirements of the developer agreement.
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