Regarding commercial vehicle lease agreement.
shubham sharma
(Querist) 18 May 2016
This query is : Resolved
Hello Sir
I am interned under transportation firm which transports perishable as well as non-perishable goods through refrigerated logistics and for that the firm takes refrigerated trucks on lease, so when I was going through the agreements I seem to had some queries.
First of all, can lessee terminate the agreement within lock-in period without giving any notice?
Secondly, If driver carries any illegal thing and caught by police or authority, who will be responsible for that, lessor or lessee, because it is not mentioned in the agreement.
Third thing is that witness signature is mandatory to be mentioned in the agreement or not?
Please reply as soon as possible.
Thanks and Regards.
P. Venu
(Expert) 19 May 2016
Is there any real dispute on any of the aspects?
shubham sharma
(Querist) 19 May 2016
Dear Sir
Actually my work is to analyse and find out any discrepency in agreement, so I analysed the whole agreement and had these queries mentioned in my last post, can there be any disputes regarding things mentioned above?
Thanks and Regards.
Rajendra K Goyal
(Expert) 19 May 2016
Commercial query, take help of consultant.
