Business Consultancy Agreement

BUSINESS CONSULTANCY AGREEMENT

This Business Consultancy Agreement is made on [Date] between [Party A Name], having its office at [Address] ("Consultant"), and [Party B Name], having its office at [Address] ("Client").

1. Engagement. The Client engages the Consultant to provide advisory services in the area of [Domain, e.g. strategy, finance, operations], with effect from the Effective Date.
2. Scope of Services. The Consultant shall provide [Description of Services and Deliverables] as detailed in the annexed statement of work.
3. Professional Fee. The Client shall pay a fee of Rs. [Amount] ([per month / per project / retainer]), plus applicable GST and reasonable pre-approved expenses.
4. Payment Terms. Invoices shall be raised [Monthly / on milestones] and are payable within [Number] days, subject to TDS.
5. Independent Status. The Consultant is an independent professional and nothing herein creates an employer-employee, agency or partnership relationship.
6. Confidentiality. The Consultant shall keep all Client information confidential and use it only for rendering the services.
7. Intellectual Property. Deliverables specifically created for the Client shall vest in the Client on full payment; the Consultant retains its pre-existing know-how.
8. Limitation of Liability. The Consultant's aggregate liability shall not exceed the fees paid, and it shall not be liable for indirect or consequential losses. Advice is recommendatory, not a guarantee of results.
9. Term & Termination. This Agreement may be terminated by either party on [Number] days' written notice, subject to payment for services rendered.
10. Governing Law & Jurisdiction. This Agreement shall be governed by Indian law and subject to the exclusive jurisdiction of the courts at [City].

IN WITNESS WHEREOF, the parties have signed this Business Consultancy Agreement on the date first written above.