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Vendor Logistics Agreement.pdf
Chartered Accountants · Mumbai Branch
To: CEO, Prime Logistics India Pvt. Ltd.
Date: June 3, 2026
Subject: Risk Assessment Memo - Proposed Logistics Service Agreement
Risk: Section 14 binds the buyer to unlimited liabilities for third-party claims. Under Section 124 of the Indian Contract Act 1872, this exposes the company to extreme financial damages.
Risk: Section 22 names New Delhi as the seat of arbitration, raising legal travel costs for a Mumbai-based entity.
This report is an AI-assisted compliance analysis and does not constitute formal legal certification.