Is a Handshake Deal Legally Binding in India?” — The Great ‘Gentleman’s Agreement’ Mystery π€π
π‘Client Question of the Day:
"Sir, we made a verbal deal and shook hands on it… but now the other party is backing out. Can I sue them based on a handshake deal?"
πOur reply: “Well… if only the court had CCTV footage of your handshake! π✋ But jokes apart, let’s talk law.”
π Answer – Are Oral Agreements Valid in India?
✅ Yes! Even Oral Agreements are Legally Valid under the Indian Contract Act, 1872 — provided they fulfil essential elements like:
π Offer & Acceptance
π Intention to Create Legal Relations
π Lawful Consideration
π Competency of Parties
π Lawful Object
BUT (and it’s a big BUT)… proving an oral agreement is the real challenge!
π #OralContracts #HandshakeDeals #VerbalAgreement #IndianContractAct1872 #LegalValidityIndia #ContractEssentials
✅ Problems with Handshake Deals:
π No written evidence = No solid proof π¬
π Hard to establish terms & timelines
π Witness reliability becomes a huge factor
π Opponent can easily deny everything like a Bollywood villain! π
π #ContractDispute #LegalProof #EvidenceMatters #BusinessAgreementsIndia #ContractLawTips
π― Why Written Contracts Are Always Safer:
✔ Clarity of Terms
✔ Clear Timeline & Deliverables
✔ Easy to enforce in court
✔ Reduces future conflicts
✔ Serves as a solid legal defence
π #WrittenAgreements #ContractDraftingIndia #BusinessContractLaw #StartupLegalHelp
π€£ Fun Analogy:
Handshake deals are like rainbows π — beautiful, rare, and hard to hold onto when a storm (read: litigation) hits! ⛈️
π£ Don’t leave your business future to chance and handshakes. Let’s put it in writing — legally strong and enforceable!
π© LEXIS AND COMPANY provides expert contract drafting, review, and legal advisory services across industries. Let us be the ink behind your success! π️π
π For smart legal support, Call: +91-9051112233
π Website: https://www.lexcliq.com
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