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Business agreement with a public Limited company Business agreement with a public Limited company

Business »Posted 10 Oct 2019 Post Answer

legal question Signing agreement with public limited company for providing space on rental basis, and collaboration on revenue sharing basis.

What are the requirements for doing a legal agreement that is valid legally ?
Lock in period legal validity ?

legal answer from lawyer E00001413Only thing is that you should register the agreement with sub registrar so that agreement can not be challenged in future. Duration of lock in period is decided mutually. There is no fixed law on that.
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legal answer from lawyer E00006523Rent and revenue sharing can not be combined .one is revenue is never shred ,if at all profits are shared .suppose there is loss .will you share? so have rent agreement .I do not advise this profit sharing it is not permissible under company law .only company`s share holders can get dividend and no one else can get . click like



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legal answer from lawyer E00293685Lock in period is valid in law. Depending upon facts, there are several important points which require to be incorporated in agreement. If required consult with details.



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