Due Diligence & Legal
Fundamental Warranties
Core title/authority warranties typically uncapped and perpetual — sellers should ensure only genuinely fundamental items get this treatment, keeping business warranties capped and time-limited.
Seller Example
Promoter of a Kochi seafood export unit successfully limits "fundamental warranty" status to title and authority alone, resisting the buyer's push to also classify tax and environmental compliance warranties as fundamental, keeping those instead within the capped, time-limited general indemnity basket.