Export - Import Letter of Intent & Frauds | Mr. Kunal Dugar

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  • Instructor
    Mr. Kunal Dugar
  • Duration 
    6 Mins 27 Sec
  • Languages

A few more words about this Video

In this video, Mr. Kunal Dugar, Instructor, JBS Academy Private Limited, explains in detail the topic of ‘Letter of Intent’ (LOI). Letter of intent is very important document and serves a lot of purpose, he explains in detail the concept of Letter of Intent, purpose it serves, are there any frauds in it and how to safeguard oneself against such fraud.

He first explains about the basic concept of letter of intent and who is the issuer & receiver of letter of intent. There is no formal format or list of content so far as letter of intent is concerned but the major items which are almost present in letter of intent are explained. He guides on value of letter of intent. He further talks about an important topic with regards to letter of intent i.e. are there any fraud letter of intent or fake letter of intent and if yes, he even advices some way one can try to safeguard oneself against such fraud or differentiate between ‘Genuine Letter of Intent’ and ‘Fake Letter of Intent’. To further learn about Letter of Intent in detail, do watch the video.