LawChef Pre-incorporation contract are those that the promoters enter into on the company's behalf prior to the companies incorporation in order to acquire certain rights and property.🏢 ➡️ In other words, contracts that are required to operate a business or incorporate are known as pre-incorporation contracts. ➡️ This aids the business in establishing future norms and regulations. ➡️ The Specific Relief Act of 1963 is the source of pre-incorporation contract enforcement in India. #law #legalnews #legalcontent #legalupdates #lawchef #lawfirm #lawyers #supremecourt #company #property #preincorporation #act1963 https://lnkd.in/dfniU5Mj https://lnkd.in/dgRD3r8T https://lnkd.in/dkGtNwQU info@lawchef.com