supply chain contracts

Tips & Tricks

Logistics and Supply Chain Contracts in India: Managing SLAs, 3PL Agreements, and Penalty Clauses

Logistics and 3PL contracts in India turn on SLAs, liability, and penalties. Under Section 74, penalty clauses are a compensatory ceiling, not an automatic payout, and liability caps cannot exclude fraud or fundamental breach. Standardize these terms with audit-ready execution.