15 Oct 2021

What Is Foreign Collaboration Agreement

Post by Mobile Design Guy

Foreign cooperation can take place mainly in three forms: 23. The failure or delay of either party to perform any obligation under this Agreement solely due to force majeure, acts of government policy (other than those provided herein). Wars, strikes, lockouts. Transportation accidents and/or other causes beyond the control of the party shall not be considered a breach of this Agreement. 29. The articles of association of the company shall be amended if necessary to bring them into conformity with the terms of this Agreement. Immediately after the conclusion of this Agreement, the parties will register a company in the name of M/s. ………….. Ltd., (and what name of the Registrar of Companies under …..) with said Registrar under the Indian Companies Act.