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Sale!A Deed of Acknowledgement of Debt is a legal document whereby the debtor/borrower acknowledges that they owe the lender money. The purpose of a debt acknowledgement deed is to provide the lender with a document setting out an amount of outstanding debt, that the lender may rely on as evidence of an existing debt should any issues or disputes in respect of the debt arise. This document is a standard Deed used in cases where the debtor owes money to the lender arising out of a loan or supply of goods.
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Sale!It refers to the authentication of a Foreign Job Contract by a Labour Officer before travel to the country of employment.
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Sale!A maintenance contract, defined as the contract between 2 parties which creates the agreement that one party will maintain an asset owned by another party, is common across many industries. Maintenance contracts can exist for equipment, a building, landscape, computers and other information technologies, and more.
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Sale!A security agreement refers to a document that provides a lender with a security interest in a specified asset or property that is pledged as collateral. Terms and conditions are determined at the time the security agreement is drafted. Security agreements are a necessary part of the business world, as lenders would never extend credit to certain companies without them. In the event that the borrower defaults, the pledged collateral can be seized by the lender and sold.
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Sale!This template is applicable in case of sale of goods as defined under the Sale of Goods Act Chapter 31. Section 2 0f the Sale of Goods Act defines goods to include all chattels personal other than things in action and money, and all emblements, industrial growing crops and things attached to or forming part of the land which are agreed to be severed before sale or under the contract of sale. This template does not therefore apply in case of sale of land.