Document background
The Mutual Referral Agreement is designed for situations where two businesses wish to establish a formal arrangement for referring customers or opportunities to each other. This document is particularly relevant in the Indian business context, where cross-referral arrangements are common across various sectors. The agreement addresses key aspects required under Indian law, including detailed terms for referral processes, compensation structures, and compliance with regulatory requirements. It's essential when businesses want to leverage each other's networks while maintaining legal compliance and protecting their interests. The document includes provisions for data protection, confidentiality, and dispute resolution, making it suitable for both domestic and international businesses operating in India. The agreement helps formalize the referral relationship while ensuring compliance with Indian Contract Act, Competition Act, and other relevant legislation.
