This Agreement Shall Be Governed By The Laws Of India

Rome II offers commercial parties the opportunity to achieve greater economic security by allowing them to contractually agree on an applicable legal clause covering both the contractual and non-contractual obligations of the parties. As regards formulation requirements, Article 14 does not impose any special formalities. It simply provides that the parties` choice as to the law governing their non-contractual obligations “shall be expressed or demonstrated with sufficient certainty by the circumstances of the case”. 4 A mixed contract containing elements of a number of the above-mentioned types of contracts is governed by the law of the country where the unpaid party has his habitual residence and registered office. .