Dear All Seniors,
Greetings to all!
I created a contract with a company situated in Noida, U.P. for providing a service of "Data Entry Typing work" on their software by investing 2.5 Lakh as security money for Project processing. When we started to communicate for the business contract, they told me about the target of 4000 forms/month per system. However, in the agreement creation, they had written 2000 forms/month per system. The agreement was signed last month on the 14th of April 2016. Now, work is about to start in the next 1-2 days, and they are telling me that there is a mistake and this will be changed in the agreement to 4000 forms instead of 2000 forms.
I am not agreeing to any changes in the agreement. I am ready to work as per the given agreement because I know achieving 4000 forms per month is hard. The company should either proceed as per the agreement signed on time or return my security money.
What is the legal step to proceed with the company to communicate further?
From India, Faridabad
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3Greetings to all!
I created a contract with a company situated in Noida, U.P. for providing a service of "Data Entry Typing work" on their software by investing 2.5 Lakh as security money for Project processing. When we started to communicate for the business contract, they told me about the target of 4000 forms/month per system. However, in the agreement creation, they had written 2000 forms/month per system. The agreement was signed last month on the 14th of April 2016. Now, work is about to start in the next 1-2 days, and they are telling me that there is a mistake and this will be changed in the agreement to 4000 forms instead of 2000 forms.
I am not agreeing to any changes in the agreement. I am ready to work as per the given agreement because I know achieving 4000 forms per month is hard. The company should either proceed as per the agreement signed on time or return my security money.
What is the legal step to proceed with the company to communicate further?
From India, Faridabad
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Greetings,
Assuming you created the contract in the presence or at least with the guidance of a legal authority, what is that authority saying now? If we give them the benefit of the doubt, how does that impact your returns? Please look into the loopholes first. Any data mentioned in the contract has to be maintained until the end of it.
From India, Mumbai
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Assuming you created the contract in the presence or at least with the guidance of a legal authority, what is that authority saying now? If we give them the benefit of the doubt, how does that impact your returns? Please look into the loopholes first. Any data mentioned in the contract has to be maintained until the end of it.
From India, Mumbai
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Please put relevant clauses of the contract in the forum for experts to read and comment.
You were aware that 4000 forms per month was the basis on which you started negotiation; then you should have refused at that time itself when you were aware that 4000 is a stiff target. That way, you could have avoided paying the security deposit. Now you can stick to the wordings of the contract and insist on 2000 forms, but the other party is not ready. Legally, the other party is bound by the terms as signed, but could and will argue it is a clerical mistake and would be supported by earlier talk of 4000 forms. Speak to the company and tell them that a refund of the security deposit will avoid an unnecessary legal dispute. Be convincing and polite and try to reach a mutual settlement. Your actions are also marked by confusion. When you saw the figure 2000 in the final contract document, you should have cross-checked as this is vital to our whole contract.
From India, Pune
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You were aware that 4000 forms per month was the basis on which you started negotiation; then you should have refused at that time itself when you were aware that 4000 is a stiff target. That way, you could have avoided paying the security deposit. Now you can stick to the wordings of the contract and insist on 2000 forms, but the other party is not ready. Legally, the other party is bound by the terms as signed, but could and will argue it is a clerical mistake and would be supported by earlier talk of 4000 forms. Speak to the company and tell them that a refund of the security deposit will avoid an unnecessary legal dispute. Be convincing and polite and try to reach a mutual settlement. Your actions are also marked by confusion. When you saw the figure 2000 in the final contract document, you should have cross-checked as this is vital to our whole contract.
From India, Pune
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This looks like one of the scams where they take your security deposit and vanish... Did you have this verified properly?
They are legally liable to follow what is in the agreement, but they have your money and therefore the leverage. So, if the matter goes to court, your money is stuck for the next 10 years at least. It fully depends on how ethical the company is.
From India, Mumbai
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They are legally liable to follow what is in the agreement, but they have your money and therefore the leverage. So, if the matter goes to court, your money is stuck for the next 10 years at least. It fully depends on how ethical the company is.
From India, Mumbai
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