1. Every one of us will enter into one agreement or other like service, constructions, finance, real estate and several other agreements in our day to day life.
  2. Generally, the terms used in these contracts are drafted in such a manner that general public may not fully understand the terms, and we may not give more time on the T&C’s.
  3. When the problem/issue arises in our agreement, we go through the T&C’s and realise that it is very difficult to manage the situation.
  4. Research from the International Association for contracts and commercial management suggests that organizations lose 9.2% of revenue every year due to poor contracts management.
  5. It’s published in a newspaper that one electrical subcontractor has committed suicide has the company has not paid his outstanding amount of Rs. 3.5 lacs and after his death, the company has paid the outstanding amount of Rs. 3.5 lacs and another Rs. 3.5 lacs as compensation.
  6. Generally all the companies have minimum of 10% of their revenue as bad debt.

Appropriate contracts management enables you to know your terms and conditions and strict adhering to the same  shall ensure that remedies are mentioned in your contract for the problems/issues that may arise while you are executing your contract.   This helps you to maintain your profits and avoid losses in your contracts.


Terms & Conditions

  1. Justacontract.com is a specialized and is focused on commercial contractual disputes and makes you realize your contractual rights with qualified help but this will not be a legal advice and does not guarantee your success.
  2. This website is an attempt to augment knowledge and create awareness in the field of contracts, contractual disputes, execution of agreements and documents to suit the prevailing law and this cannot be considered as legal advice. JUSTACONTRACT.COM reserves the right to estoppel.
  3. The information’s that are made available in this website or training materials or any media is only to ensure that the user is aware of the importance of their terms and conditions in their contracts and this should not be interpreted as solicitation or advertisement or personal communication or invitation or inducement of any sort whatsoever from us or any of our members to solicit any work through this website.
  4. The information provided on this website to the user is solely available at your request for information purposes only and the information provided is based on our understanding of the prevailing Law and we are not obligated to provide the user with any update in this field.
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