Letter of Intent governed by the law of India
DealDocs sets the laws of India as the governing law when you choose India. The forum clause reads: “The courts at Mumbai, India shall have exclusive jurisdiction in respect of any dispute arising out of or in connection with this document.”
Governing law
the laws of India
Legal system
Common law, a common law system, where statutes sit alongside a substantial body of judicial precedent that shapes how contract terms are actually read.
Conventional arbitration seat
Mumbai, India
Naming a party formed here
DealDocs' guided interview references India when you enter a party formed in India.
What's different about a Letter of Intent in India
The same stamp duty requirement applies to an LOI, an unstamped one is not admissible in evidence until duty and penalty are paid, and the same restriction on two Indian parties choosing foreign law for a purely domestic deal applies here too. The strengthened specific performance remedy under the 2018 Specific Relief Act amendment also makes India's courts more willing to enforce binding provisions directly rather than only award damages.
Build your LOI for India now
The guided interview asks for the governing law up front, so the right jurisdiction-specific clauses are included automatically. Preview the full plain English guide and completeness check for free before you unlock the document.
Frequently asked questions
Can two Indian companies choose foreign law for a domestic LOI?
No. Indian law does not allow two India-based parties to choose a foreign governing law for a purely domestic contract.
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