Is a Handwritten Agreement Legally Valid in India? 📝✍️🤔 You and your business partner scribble down a deal on a piece of paper ✍️📄, sign it, and shake hands 🤝. Later, one party backs out. Can this handwritten document hold up in court? Let’s find out! 🔍⚖️ #LegalContracts #IndianLaw #BusinessDeals ✅ Are Handwritten Agreements LEGALLY BINDING? Under The Indian Contract Act, 1872 : 🔹 YES! A handwritten agreement can be legally valid 📜✅ 🔹 It must have the key elements of a contract: offer, acceptance, consideration & intention to create legal relations. 🤝💰 🔹 Even a contract on a napkin can be enforceable—if all conditions are met! 🏢📑 🔹 A signature by both parties strengthens the validity. ✍️ 💡 Pro Tip: A contract doesn’t need to be printed to be enforceable, but clarity is key! 🚀 #LegalTips #BusinessProtection #IndianContracts 🚨 When Is a Handwritten Agreement Enforceable? ✅ If it clearly mentions all terms & conditions. 📑 ✅ If both parties sig...
Can a Startup Run Without a Founder’s Agreement? 🤝📜 #StartupLaw #FounderAgreement #BusinessPartnership You and your co-founder just launched a million-dollar startup idea 🚀. Things are going great—until disagreements arise over equity, roles, and exit strategies . 😨 Now, the big question: Do you really need a Founder’s Agreement? 🤔⚖️ ✅ The Short Answer: YES, It’s a Must-Have! A Founder’s Agreement is the backbone of any startup . It prevents internal conflicts , protects intellectual property , and ensures smooth decision-making . Without one, you risk: 🚫 Ownership disputes – Who owns what percentage? 🤷♂️ 🚫 Workload imbalance – Who does what? 📑 🚫 Exit chaos – What if a founder leaves or gets fired? 🔄 🚫 Investor concerns – No agreement = No funding! 🚀 🎯 #StartupIndia #LegalDocuments #BusinessContracts 📌 Key Clauses Every Founder’s Agreement MUST Have 📌 Equity Split – How shares are divided among founders 📊 📌 Roles & Responsibilities – Who hand...