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Instructor-Led Training: Legal Implications of Procurement

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Instructor-Led Training: Legal Implications of Procurement

March 20, 2021 @ 10:00 am - 5:00 pm

Overview:

This is a specialist course aimed at giving delegates a sound working knowledge of the law & potential risks relating to Procurement. This is designed to show the application of the law to practical situations regularly met by organizations purchasing goods and services. Practical advice and examples are provided on how to set up more robust contracts and mitigate legal risks.

Key Takeaways: By the end of this course, you will be able to:

  • Demonstrate a better understanding of standard contracts operating in your own organisation
  • Identify the various risks that exist at the formation stage of contracting and how to address these
  •  Demonstrate a clearer understanding of the potential liabilities and claims that can arise between buyers and suppliers when concluding contracts
  • Operate with a clearer awareness of the purpose behind a range of widely used contractual terms and conditions.

Content of Training:

  • The Law of Contract

Formation of Contract / Letters of Intent / Legal Status of Quotation, Order, Acknowledgement / Conditions of Sale versus Conditions of Purchase (‘the Battle of the Forms’).

  • Discharge of Contract

Performance / Agreement / Breach / Frustration / Termination Clauses.

  • Remedies for Breach of Contract

Calculation / Damages / Liquidated Damages / Unliquidated Damages / Penalty Clauses / Ensuring Enforcement.

  • Contract Terms (Terms & Conditions of the Contract)

Express & Implied Terms / Conditions & Warranties / Limitation & Exemption of Liability Terms

  • International Legal Implications

Courts of Jurisdiction / UNCITRAL Arbitration Rules.

  • Practical Implications

Negotiating the Best Terms and Conditions / Protecting your Organisation’s Interests / Reducing Risk Exposure.

Speaker: Krishan K. Batra, President & CEO of ISM-INDIA.

Date: 20 March 2021 | Saturday | 10:00 am – 5:00 pm IST

Training Fee: Member’s Fee: INR 3,999 (Inclusive of GST)

Non-Member’s Fee: INR 4,999 (Inclusive of GST)

Note:

  • All the participants will be honored with a certificate of participation after the training.
  • Training material will be provided to all the participants in the form of E-Book.
  • In addition, you can earn Continuing Education Hours (CEH’s) for CPSM Re-certification. Apply for CEH’s Certificate within 30 days.

Register Now

Details

Date:
March 20, 2021
Time:
10:00 am - 5:00 pm

Organizer

ISM-INDIA
Phone:
0124-4221353, +91 9971171220
Email:
riya.ramppal@ism-india.org
View Organizer Website

Venue

Online
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