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The Warranty Agreement serves as a fundamental legal instrument in commercial transactions within the Indian market. This document becomes necessary when a business needs to provide assurance regarding the quality, performance, or durability of its products or services. The agreement typically outlines warranty coverage, duration, claim procedures, and available remedies, while ensuring compliance with Indian legislation including the Contract Act 1872, Sale of Goods Act 1930, and Consumer Protection Act 2019. A well-drafted Warranty Agreement helps minimize disputes, manages business risk, and builds customer trust by clearly defining the rights and obligations of all parties involved. It is particularly crucial in sectors where product reliability and after-sales support are significant factors in customer decision-making.

1. Parties: Identifies and defines the parties to the warranty agreement - typically the warrantor (manufacturer/seller) and warrantee (purchaser/end user)

2. Background: Sets out the context of the warranty agreement, including identification of the product(s) covered

3. Definitions: Defines key terms used throughout the agreement for clarity and precision

4. Warranty Coverage: Detailed description of what is covered under the warranty, including specific components and conditions

5. Duration of Warranty: Specifies the time period for which the warranty remains valid

6. Warranty Limitations: Clearly states what is not covered under the warranty and any conditions that void the warranty

7. Claims Procedure: Details the process for making warranty claims, including notification requirements and timeframes

8. Remedies: Specifies the remedies available under the warranty (repair, replacement, refund) and how they will be provided

9. Dispute Resolution: Outlines the process for resolving disputes related to warranty claims

10. Governing Law: Specifies that Indian law governs the agreement and identifies relevant jurisdiction