Master Service Agreement

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Required Documents

  • Basic details of both parties such as name, address, and CIN or PAN
  • Nature of services to be provided
  • Scope of work or service description
  • Pricing model and payment terms
  • GST registration details, if applicable
  • Details of authorised signatories
  • Existing draft or sample agreement, if any
  • Special clauses required such as non-compete or data protection
  • Details of dispute resolution preference
  • Intellectual property ownership details
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Master Service Agreement

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FAQs

It is a contract that sets out the general terms and conditions governing ongoing services between two parties.

Yes, if properly executed and stamped, it is legally enforceable under the Indian Contract Act, 1872.

Yes, stamp duty is payable as per the applicable State Stamp Act.

It is not advisable. Each business has different risks and requirements.

MSA contains general terms, while a Work Order defines project specific details.

Not mandatory, but it can add evidentiary value.

Yes, as per termination clauses mentioned in the agreement.

It is a document that outlines project specific tasks under the MSA.

Yes, confidentiality clauses are usually included.

It depends on the terms agreed between parties.

Yes, payment schedules and milestones can be tailored.

Yes, GST applicability and invoicing terms should be clearly defined.

Yes, arbitration clauses are commonly included.

Generally not required unless it creates rights in immovable property.

It is valid for the term mentioned in the agreement.

Yes, through a written amendment signed by both parties.

Yes, digital signatures are legally recognised in India.

The remedies mentioned in the agreement will apply.

Yes, individuals, firms, and companies can enter into an MSA.

Professional drafting ensures legal compliance, clarity, and proper risk allocation.