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The Assignment Consent Letter is a crucial document used in Indian business and legal practice when one party to a contract (the assignor) wishes to transfer their rights and/or obligations to another party (the assignee). This document is essential under Indian contract law as many agreements contain provisions requiring explicit written consent before any assignment can take place. The letter typically outlines the details of the original agreement, identifies the proposed assignee, and seeks formal approval for the assignment. It's particularly important in scenarios involving mergers, acquisitions, corporate restructuring, or project transfers. The document must comply with Indian legal requirements, including those under the Indian Contract Act, 1872, and may need to be appropriately stamped under the Indian Stamp Act, 1899. The Assignment Consent Letter serves as crucial evidence of compliance with contractual obligations and helps prevent future disputes regarding the validity of the assignment.

1. Letter Date and Address Block: Current date and full addresses of both the sender and recipient

2. Subject Line: Clear reference to the original agreement and purpose of seeking consent

3. Opening Salutation: Formal greeting to the appropriate contact person

4. Reference to Original Agreement: Details of the original agreement including date, parties, and subject matter

5. Description of Proposed Assignment: Clear explanation of the proposed assignment, including identity of the assignee and scope of rights/obligations being assigned

6. Request for Consent: Formal request for consent to the assignment with clear language

7. Confirmation of Terms: Statement confirming that all other terms of the original agreement remain unchanged

8. Signature Block: Space for signature, name, and title of authorized signatory from both parties