Home | Legal Advice | Civil Law Cases | How to check authenticity of company

How to check authenticity of company

Shivendra Pratap Singh

Advocate

25/08/2015/ 11:47:50 AM

Reading Time:

I will have to sign an agreement with an entity (company/firm etc. ). The entity is. Not finalized yet and situated on the other state where it is not possible for me to visit. They will obviously say that that are company or firm etc. Then how to be confirmed if they are what they say and are not a fraud. How to know if an agreement is valid or not? Is it necessary for all parties to have their signatures in original papers? What is the legal way to get back the paid money from any fraud company?

You should know about the general terms of agreement adopted by the company or registered firm. They prefer to make an agreement with the standard form of contract. This standard form contains all the terms and conditions of the agreement and bears a clear identity of the company or firm.

When you sign an insurance deed you would have noticed that all the terms of insurance and identity of Insurer Company are given in the form, this form is called the standard form of contract. When all the terms are printed in the form then you have no choice to alter or amend it in your favour. You have only one chance i.e. to make a contract or not.

You should contact the company or firm and ask for a standard form of contract deed. On receiving such deed you should enquire about him and proceed cautiously. If you found any doubt then send him a letter for verification instead of oral conversation.

All the agreements are valid under the Indian Contract Act, which was made between parties; it does not require that one party should be registered. According to section some sections of the Indian Contract Act, some agreements are invalid e.g. agreement with minor, consent taken by fraud, misrepresentation, undue influence agreement for illegal activities etc.

A written agreement is void in devoid of signature of both parties to the agreement. Because without signature it can’t be proved that both parties have given consent towards the agreement. Signature is an essential part of a valid written contract.

You can civil or criminal or both proceedings simultaneously. File civil suit for recovery of money under CPC or file suit for the performance of the contract under the Specific Relief Act. You may file a criminal case for cheating.

shivendra pratap singh advocate

Shivendra Pratap Singh

Advocate

Practising lawyer in the High Court Lucknow. You can consult on Criminal, Civil, Matrimonial, Writ, Service matters, Property, Revenue and RERA related issues.

Cancellation of Sale Agreement

Question: Cancellation of sale agreement without consent of party. I executed an agreement of sale for a 497 sq.yards site with a condition that I will get clearance from ULC. I took advance of 2 lakhs cheque and 2 lakhs cash, totalling to 4 lakhs. It's been 22 months...

Landlord does not provide a rent receipt

Question: After making rent payment, the landlord does not provide a rent receipt. Also not picking up calls & responding to messages. What action can be taken against him? Asked from: Maharashtra You should send to him a legal notice on his residential or postal...

Forfeiture of earnest money in withdrawal of tender

Question: I am a contractor and have some tenders in BHEL. The Bhel has forfeited earnest money because I have withdrawn a tender. So I want to know whether forfeiture of earnest money in withdrawal of tender is legal in India. BHEL has published tenders for the...

Arbitration in respect of non-arbitrable issues

Question: Some tenders were issued during last financial year. Tenders were in respect of fencing and drainage on both sides of the road. The department has allotted those tenders to my company. Company has to conduct a survey of land and demarcate slope angle for the...

Mud road on my land :  How to get it back?

Question: Government has laid a mud road on my land a few years ago. I have all documents stating the land where the road is laid belongs to me. We do not know about this. How to get my land back? I have all documents stating the land where the road is laid belongs to...

Can mother execute a registered will

Question: Can mother execute a registered will towards the property which she had received from my deceased father? My father died in the year 2021 and he has named my mother as the 100% owner of the existing house in the registered will. I have 4 older brothers and 1...

Appointment of arbitrator under the agreement

Question: My firm is doing business of gravel supply to the government. I want to know whether the appointment of an arbitrator under the agreement is possible? Our firm got a tender from the public works department of Uttar Pradesh. According to the tender agreement...

Kanoonirai has been advising in legal issues since October 2014. You can consult a lawyer through online media, telephonic consultation and video conferencing.

Contact

mail[at]kanoonirai.com
+91-91400-4[nine][six]54