Modern Commercial Draftsman (Print On Demand)

This classic work is a quick and easy guide to drafting better documents, agreements, etc., needed in modern day commerce.

Being the first book of its kind, it provides invaluable help to the layman as well as the professional lawyer, company executive, banker or government official. It is of equal use to the public and the private sectors and National and International banks. Real estate agents will also find the book indispensable.

The book attempts to provide instant specimen forms and guidance for drafting documents needed in today 's developing trade and commerce. The author has directed his emphasis upon areas that have assumed greater importance under the revised industrial policy and the new Statutes, rules and regulations governing industrial and commercial organizations and institutions in India.

Forms for certain important applications to be made to the Government of India and the various Ministries and Departments as prescribed by the rules, are also given. This will help the parties to an agreement, to understand their respective obligations and limitations vis-a-vis the government and draft their agreements, contracts, etc. accordingly.


Special Features

• Sure easy way to drafting better agreements and documents.
• Provides instant specimen forms and guidance.
• Designed to meet the needs of modern day commerce.
• Relevant Industrial policy, import-export policy, statutes, rules and regulations explained.
• Forms for certain important applications to be made to the government are also provided.

• All India Reporter:

The book is a storehouse of information useful for everyday references to all concerned. It is an exhaustive book and will be liked by everybody interested in the subject.

• Economic Times:

This book provides an outline for the various documents that are used in the modern day commercial world in relation to intra and inter country transactions, insights into industrial practices and developments, which are governed by a surfeit of laws relating to foreign exchange regulation, companies, imports and exports, national and international banking, leasing, etc.

                   Industrial Policy Statements 5
                       Complete Policy 13, 27/21
                       Electronic Policy 14, 37
                       Import Export Policy (1988-1991) 27

                   Guidelines issued by Government of India, Bureau of Public
                   Enterprises (Materials Management) dated 9th May, 1977 53

                   Letter of Intent, Industrial Licence, Capital goods, Foreign
                   Collaboration Application 62

                   Import Policy for 100% Export Oriented Units 73

                   Delicensing of Industries and Exemptions from certain provisions
                   of Industries (Development and Regulation) Act, 75

                   Collaboration Agreements 81

                   Collaboration Agreement 82
                   Collaboration Agreement 90
                   Agreement-Description of Products 96
                   Licensing-cum-Collaboration Agreements 111
                   Collaboration Agreement approved by the Government of India
                   and containing additional conditions stipulated by the
                   Government of India 118
                   Agreement regarding Trade Marks 131
                   Agreement for appointment of a sub-agent by a Foreign Company 136
                   Share-holder's agreement 141

                   Application for Foreign Collaboration and allied subjects 146

                   Application Form for Foreign Collaboration 146
                   Specimen of Foreign Collaboration approval letter 174
                   Conditions attached to Foreign Collaboration Approval 176
                   Application for Licence or Permission 182
                   Application form for Licence or Permission 187
                   Form of Legal Agreement for 100 per cent Export oriented units 217

                   Preliminary Note: Definitions 229
                   Indemnity 229
                   Guarantee 230
                   Agreement 231
                   Void Agreement 231
                   Agreement without consideration 232
                   Pledge 232
                   Hypothecation 232
                   Hypothecation to be registered under Companies Act 233

                   Mortgages in General 234
                   Forms 239

                   Preliminary Note (Guarantee) 290

                   Agreement of Guarantee executed by the Government of the State of 291
                   Guarantee by Individual(s) in favour of Bank for opening
                   Letter of Credit 296
                   Guarantee executed by Bank in favour of Financial Corporation 297
                   Guarantee executed by the Directors in favour of Bank for grant
                   of Medium Term Export Credit limit 300
                   Guarantee by individual(s) in favour of Bank in respect of Mortgage
                   and Hypothecation Agreement 308
                   Guarantee by Bank in favour of Financial Institution regarding
                   conversion of a portion of its Loan into Enquiry Share 311
                   Deferred Payment Guarantee by Bank in favour of Foreign Bank
                   for loan granted by it for financing new project of Borrower 321
                   Counter Guarantee in favour of Bank by company on whose behalf
                   Bank has executed a guarantee 325
                   Counter Guarantee by Borrower in favour of Bank 327
                   Guarantee by Company in favour of Bank in regard to discounting of
                   bills of exchange 330
                   Guarantee by Company in favour of Bank in consideration of allotting
                   sub-limit to subsidiary 334
                   Guarantee executed by the Directors of the Borrower Company
                   regarding Bridge Loan to Company 341
                   Guarantee given by an Individual in favour of Bank for forbearing
                   to sue and to Continue Limit 345
                   General Letter of Indemnity for Letter of credit opening Bank 350
                   Indemnity by Company in favour of Bank for discounting etc. of its
                   Bills of Exchange 351
                   Agreement of Guarantee 354
                   Indemnity by President of India regarding Consortium Agreement
                   between Banks and a Public Sector undertaking 357

                   Preliminary Note (Special Transactions) 361

                   Forms consortium Agreement 362
                   Joint Deed of Hypothecation 380
                   Inter-se Tripartite Agreement 404
                   Tripartite Agreement 408
                   Second Hypothecation agreement of Consumable stores and spares 416
                   Supplementary Agreement between Bank and Company 420
                   Agreement between Bank and Supplier of X-Ray Equipment 427
                   Lease Deed between Bank and owner of Building 430
                   Irrevocable Letter of Authority 437
                   Letter of Credit 439
                   Other Forms 443
                   Banking documents Post Script 452

                   Preliminary Note 459

                   Agreement for building a house where the builder supplies all
                   the inputs and materials and an architect is employed; the owner
                   of land pays the Builder a fixed sum in instalments 461
                   Agreement between Builders and an Architect, or a firm of Architects,
                   for preparation of drawings etc. for erection of buildings 466
                   Agreement between Builder and Purchaser of Flats
                   where the Promoter/Builder Conveys the land and Building to a
                   Society or Association etc. 469
                   Development Agreement (giving share of profits of project to owner
                   of land with a minimum amount guaranteed to him) 489
                   Development-cum-Collaboration Agreement (giving percentage
                   of built accommodation to owner of land) 498
                   Agreement between Builder and Flat Owner 508
                   Articles of Association of . . . . . . . Apartment Owners Association
                   Private Limited 527
                   Sale deed executed by owner(s) in favour of a
                   co-operative society/association of flat owners/apartment owners 544
                   Power of attorney 549

                   Preliminary Note 555

                       Articles of Association of A.B. Company Ltd. (Private Company
                       becomes a Public Company) 561
                       Memorandum of Association of A.B. Chemicals Private Limited 605
                       Articles of Association of A.B. Chemicals Private Limited 614
                       Memorandum of Association and Rules 640
                       In the matter of Act XXI of 1860 being an Act for the Registration
                       of Literary, Scientific and charitable Society and in the matter
                       of the Institute of Management Studies 640
                   Preliminary Note regarding Sole Selling Agents 640
                   Resolutions by Companies appointing the Sole Selling Agents 653
                   The Companies (Appointment of Sole Rules) Rules, 1975 654
                   Section 294-AA: Power of Central Government to Prohibit appointment
                   of Sole Selling Agents 668
                   Borrowing money by a Company Preliminary Note 670
                   Resolution for borrowing money 671
                   Appointment of Managing Director/Manager (Statutory Provisions) 672
                   Forms of application 25-A, 25-B, 25-C and 26 687
                   Company Deposits (Statutory Provisions) 702
                   Resolution inviting deposits 708
                   Companies (Acceptance of Deposits) Rules, 1975 709
                   Non-Banking Financial Companies and Miscellaneous
                   Non-Banking Companies (Advertisement) Rules, 1977 740
                   Non-Banking Financial Companies (Reserve Bank) Directions, 1977 744
                   Miscellaneous Non-Banking Companies (Reserve Bank)
                   Directions, 1977 777
                   Appointment of Alternate Directors (Resolution) 790
                   Common Seal and Board of Resolution 791
                   Registration of Charge under Section 125 etc., of the Companies Act 791

                   For Agriculture 797
                   For Shop/Stall 800
                   For Temporary Structure 806
                   For Advertisement on Hoarding 811
                   For removal of Fruit/Usufruct 815
                   For Catering/Restaurant 818
                   General Terms and Conditions 822

                   Preliminary Note 831
                   Form of Sale Deed 837
                   Form of Lease Deed 841
                   Lease of Movables (Preliminary Note) 845
                   Form of Lease agreement for Moveable assets 846
                   Lessee's Letter acknowledging goods 852
                   Lessee's Letter exercised option 853
                   Lessee's letter accepting lease 854

                   Preliminary Note 857

                   Hire Purchase agreement of motor vehicles 861
                   Hire Purchase agreement of T.V. Set 861
                   Section 31-A of the Motor Vehicles Act 871

                   General Licensing Procedure 877
                   Export (Control) Order, 1988 945
                   Import Trade Control Open General Licence Orders 963
                   SUBJECT INDEX 1016