Letter of Intent (LOI)
Drafting of letters of intent and term sheets that record agreed deal terms, timelines, exclusivity and confidentiality before final contracts.
- Estimate Cost
- ₹3,000 – ₹25,000
- Typical duration
- 4 days
Service overview
Drafting preliminary non-binding agreements outlining the foundational terms of a proposed business transaction, merger, acquisition, or major partnership.
Who needs it? / When is it needed?
Business owners, corporate legal teams, investors, and parties entering high-level commercial negotiations.
What to expect from the WCP Professionals
Structuring clear terms on intent, exclusivity, confidentiality, and roadmap toward a definitive agreement.
Key deliverables
Comprehensive Letter of Intent draft, negotiation checklist, and timeline roadmap.
Standard turnaround time
2 to 3 working days.
Government fees, timelines & key outcomes
No government fee for drafting. Stamp duty, where a State treats the LOI as an agreement, is payable at the State rate.
Key outcomes: a clear record of agreed deal terms, with binding and non-binding clauses deliberately separated.
Forms & filings involved
- No statutory filing
- Internal approvals of each party, where required
- Execution by authorised signatories
Documents required
- Details of the parties and their authorised signatories
- Key commercial terms — price or valuation, structure and timelines
- Any exclusivity, confidentiality or due-diligence conditions
- Previous correspondence or term sheets
What we need from you
High-level commercial goals, key milestones, and transaction parameters.
Important conditions
Mostly non-binding except for specific clauses like confidentiality and exclusivity.
Additional information
Serves as the stepping stone to drafting definitive binding transaction agreements
The estimated cost covers indicative professional fees only. Government fees, stamp duty and taxes are payable at actuals.
How it works
- 1. Raise a service enquiry describing your requirement.
- 2. A Relationship Manager reviews it and opens it for bidding.
- 3. Pay into escrow and assign the professional you select.
- 4. Track progress to completion, then accept and release payment.
Frequently asked questions
Is an LOI legally binding?
Usually only partly: commercial terms are often non-binding, while confidentiality, exclusivity and governing-law clauses are made binding.
What is the difference between an LOI and an MoU?
Both record preliminary understanding; an LOI is typically one party's statement of intent for a deal, an MoU a mutual record of cooperation.
Should an LOI include exclusivity?
Often yes, for a limited period, so the buyer can complete due diligence without competing bidders.
Can an LOI be enforced if the deal fails?
Only its binding clauses, such as confidentiality and exclusivity; the main deal terms usually cannot be enforced.