Legal Question in Business Law in India

we are involve in mining business and want to invest money to purchase a new mine which is in process of government permission. other party do not have sufficient fund to complete process of FCA. the problem is that whole process of permission shell be name of first applicant and transfer of mining lease not allow in future so before starting the funding for FCA which type of agreement we should make with party so that lease holder could not breach the agreement in future and if any condition he breach the agreement and how we can save our rights money and percentage.

Asked on 5/29/15, 1:11 am

Fca Prashant Chavan Expert Edge LLP

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29.05.2015

Dear Sir / Madam,

If you are the major investor in the purchase of the mine, you should be the first named applicant to avoid any future complications.

Regards,

Answered on 5/29/15, 1:51 am

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