30-20-10 Contracts: Issues and Solutions

Objectives: • Understand the fundamental principles of contracts and their significance in business transactions • Identify and analyze common contract issues and disputes • Develop effective strategies for resolving contract disputes and negotiating contract terms • Apply legal principles to real-world contract scenarios Course Content: • Introduction to Contracts • Definition and importance of contracts • Types of contracts (express, implied, and quasi-contracts) • Elements of a valid contract (offer, acceptance, consideration, and intention to create legal relations) • Contract Formation and Interpretation • Offer and acceptance • Consideration and intention to create legal relations • Contract interpretation and construction • Parol evidence rule • Contract Performance and Breach • Contractual obligations and duties • Breach of contract and its consequences • Remedies for breach (damages, specific performance, and rescission) • Defenses to breach (duress, undue influence, and mistake) • Contract Dispute Resolution • Alternative dispute resolution (ADR) methods (mediation, arbitration, and negotiation) • Litigation and the court process • Strategies for resolving contract disputes (negotiation, mediation, and arbitration) • Contract Negotiation and Drafting • Effective contract negotiation strategies • Drafting and reviewing contracts • Common contract clauses and their implications • Best practices for contract management Methodology The training methodology integrates lectures, interactive discussions, collaborative group exercises, and illustrative examples. Participants will acquire a blend of theoretical insights and hands-on practical experience, emphasizing the application of learned techniques. This approach ensures that attendees return to their professional environments equipped with both the competence and self-assurance to effectively implement the acquired skills in their responsibilities. DATE: 1ST BATCH:      21st – 24th Apr, 2026       2ND BATCH:      11th – 14th Aug, 2026 3RD BATCH:      8th – 11th Dec, 2026