About to enter into a major business deal or make an investment into a company?

Get Letter of Intent (LoI) drafted for you by Senior Corporate Lawyers, to ensure your interests are protected and you are getting the best our of the deal.

4.5
(70 Reviews)

Letter Of Intent

156 People purchased

What is a Letter Of Intent?

A letter of intent (LOIs) is a legal document declaring the preliminary commitment of one party to do business with another. The letter outlines the key terms of a prospective deal. These are commonly used in major business transactions and are similar in content to the Term Sheets.

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Contents of Letter of Intent (LOI)

  • Party and company details
  • Terms of the deal
  • Payment terms
  • Lock-in
  • Drag along
  • Tag along
  • Reps & Warranties
  • Exit rights
  • Indemnities
  • Governing law
  • Dispute Resolution

Laws governing LOI in India

The different laws which govern various aspects of LOI in India are as follows:

  • Companies Act, 2013 and various rules framed thereunder
  • The Indian Contract Act, 1872
  • Foreign Exchange Management Act, 1999
  • Consolidated FDI Policy, 2020
  • RBI Policies
  • Competition Act, 2002
  • SEBI Guidelines (in case of listed company)

Why Lawyaar?

  • Senior Corporate Expert Lawyers: We will get your document drafted/reviewed by Senior Expert Corporate lawyers. You can track the progress of your document on our platform at all times.
  • 4.5 Customer Score: Clients are delighted with our service! They have consistently rated us high because of our focus on delivering quality output and providing regular updates.
  • Responsible Delivery: Our team of experienced business advisors are just a phone call away. Our team will ensure that your interaction with the expert lawyer is smooth and seamless and the document draft 
    is delivered to you within the committed timeline.

What our users have to say

We were in early acquisition talks but didn’t want to commit legally too soon. Lawyaar drafted a Letter of Intent that clearly marked commercial terms as non-binding while keeping confidentiality and exclusivity binding. It let negotiations move forward safely.

Arvind Khanna, Gurugram

Our investor asked for an LOI before starting due diligence, but we didn’t know what to include. Lawyaar prepared a structured Letter of Intent outlining valuation range, timelines, and conditions precedent. It aligned expectations on both sides.

Rhea Kapoor, Mumbai

We were negotiating a long-term supply arrangement and needed clarity without locking ourselves in. Lawyaar drafted an LOI that documented intent, pricing framework, and next steps without creating contractual liability.

Saurabh Jain, Bhiwadi

A potential partner sent us a one-sided LOI that felt risky. Lawyaar reviewed and redrafted it to balance obligations, limit exclusivity duration, and clarify walk-away rights. It protected our negotiation position.

Meenakshi Iyer, Chennai

We were entering franchise discussions and needed a formal starting document. Lawyaar created a Letter of Intent covering territory, fees, and timelines while keeping it non-binding. It helped us shortlist serious franchisees.

Rohit Bansal, Ludhiana

Our M&A talks stalled because there was no agreed roadmap. Lawyaar drafted an LOI that set milestones, due diligence scope, and closing timelines. It brought structure and momentum to the deal.

Kunal Mehta, Surat

We wanted confidentiality before sharing financials with a prospective buyer. Lawyaar included strong confidentiality and data-use clauses in the Letter of Intent. It allowed secure information sharing.

Nisha Aggarwal, Jaipur

The other party insisted the LOI be binding in parts, which worried us. Lawyaar clearly separated binding and non-binding clauses and explained their impact. It prevented accidental legal commitments.

Pritam Das, Siliguri

We were negotiating a joint development project and needed alignment on commercial intent. Lawyaar drafted an LOI capturing scope, responsibilities, and future agreement milestones. It avoided misunderstandings later.

Akash Menon, Kochi

Our bank asked for an LOI before processing financing tied to a proposed transaction. Lawyaar delivered a professional, bank-acceptable Letter of Intent quickly. It helped us meet the financing timeline.

Sanjay Kulkarni, Akola

Agreements & Contracts

  • Letter Of Intent

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    3999
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Deliverables *

  • A detailed call with the Expert Lawyer who will understand your requirements for Letter of Intent.
  • The First Draft shall be delivered in just 3 days.
  • Discussion to accommodate your suggestions.
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