Our equipment lease guide explains the Contract Act rules on bailment, delivery and acceptance, maintenance and downtime, insurance, licences for medical equipment and why forcible repossession is unlawful.
Clinics lease ultrasound machines, contractors hire excavators, offices lease laptops, restaurants lease kitchen equipment. Our new equipment lease agreement guide explains how to do it safely.
India has no special statute for equipment leasing. A lease of movable goods is a bailment under the Indian Contract Act, which sets default rules for both sides. One of them surprises many owners: where goods are let out for hire, the owner is responsible for damage caused by faults in them, whether or not it knew of the faults. Another surprises users: a user who keeps equipment after the lease ends carries the risk of loss even without fault. The guide explains each rule and how agreements usually change it.
The guide is clear that force, threats and intimidation have no place in recovering leased equipment. Courts have repeatedly condemned such methods. The lawful route is notice, termination, a demand for return, and if needed, the courts.
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Customer data, AI training, auto-renewal rules, CERT-In incident reporting, liability caps and getting your data out at the end — our new guide covers the SaaS contract from both sides.
Most revenue sharing disputes are about the definition of revenue, not the percentage. Our new guide explains deductions, billed versus collected revenue, minimum guarantees, audit rights and the sectors where fee sharing is barred.
Our new co-founder agreement guide explains equity splits, founder vesting under Indian company law, good and bad leavers, moving code into the company, and what happens when a founder leaves.
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