Sunday, January 23

Disclaimer Policy and Agreement Template

These days Government of India is Expecting from its Citizens to do some Entrepreneurship to Increase the India’s, trade share in the International Trade.

To fulfill this aim, Ashok Gupta who is 65 years old, and  has worked in India and  different Countries, such as Germany, Dubai, USA etc. from  last 40 years, in the field of Imports and Exports has come up with an idea to help the Entrepreneurs or said to beClienthenceforth,  from his past experiences.

To fulfill that aim, we have agreed to share our  rich experience with the new start ups under the name of Start-up India Academy, Delhi henceforth called as SIA, with the desiring entrepreneurs .

But it should be clearly known to all that, all the persons connected to Start-up India Academy , henceforth called as SIA is not not an agent, broker, or legal representative of any party. 

SIA  is not an attorney or CPA and cannot advise the parties as to any legal remedy, business, or tax consequences of any provision or instrument set forth or prepared in connection with this Transaction.  Even if Consultant’s discussions touch upon legal or accounting issues, such should not be interpreted as professional advice or opinions. If legal or accounting advice is desired, the parties should consult an attorney or CPA.

SIA and its representative are only Sharing their Experiences which can not be considered as a sample to any situation, as any Business  depends on its local situations which vary a lot as per different countries, times and situations. So SIA do not recommends any deal or idea,and is not liable for any results or happenings, but is only sharing their personal opinion to the best of their knowledge and ability and can not be liable for any difference in a strategic planning and actual results. The Entrepreneurs are advised to exercise their knowledge and discretion in full.

Nothing said in the You-tube or Website of SIA has any legal meaning, as they are the unqualified opinion of the writers of the articles or statements speakers in You-tube are the personal opinion of the speakers at that time, without any claim of their truthfulness as per usual disclaimer policy of concerned website or you-tube videos.

The current unfavorable economic conditions and prospects are carefully considered, and the estimates included in all the business plans are conservative. However, entrepreneurs are advised to exercise full caution when considering investment alternatives because actual data almost always differ from projections, and time to time, and party to party. Any  business plan is considered to help entrepreneur better understand the potential risks, costs and benefits of  business projects, but it is not intended, and is not to be considered in itself or any part of it, as an investment offer or solicitation, as regulated by law. All Business plans are mutually discussed for sample purposes, and any resemblance to real situations, people, or data would be purely coincidental.

In case of any dispute, the dispute should be first resolved with the help of a mutually agreed mediation, and if not resolved then can be considered only in the Juridiction of Delhi.

SIA  is not licensed as a  broker or dealer and has no involvement in advertising, negotiating or otherwise executing a sale of the stock of the Business.  If  SIA  introduces a prospect for the purchase of the Business Assets, and the parties subsequently decide on a stock sale, this decision shall not affect the SIA’s right to its fees which shall be paid as though an asset sale had been undertaken as per decided between SIA and its Client who is an entrepreneur, which is half percent of the Purchase Price, which is payable at the same time when Purchase Payment is made, applicable for 180 days from the date of first purchase.  The client shall pay the Agreed amount of Rs. 4,90,000 / 6,90,000   as the Consultancy Charges, as this agreement is written between the SIA and the entrepreneur.

SIA and the Entrepreneur agrees to sit together and chalk out a basic Business idea, but no idea shall be binding on the Entrepreneur . And the Entrepreneur has right to go ahead with the idea or not at any time, but the compensation paid will not go back .

If SIA want to come out of the agreement, then they can do with returning the compensation  amount after deducting the actual expenses occurred  ,  in the aforesaid project under consideration. .

Then if the Entrepreneur and SIA agrees, then they can increase this period with same or less or more consideration mutually agreed upon.