Storage Agreement for India

Storage Agreement Template for India

A comprehensive legal document governed by Indian law that establishes the terms and conditions for the storage of goods between a storage facility provider and a customer. The agreement covers essential aspects such as storage conditions, access rights, liability, insurance requirements, and service standards, while ensuring compliance with relevant Indian legislation including the Indian Contract Act, 1872, and the Warehousing (Development and Regulation) Act, 2007. It defines the responsibilities of both parties, payment terms, operational procedures, and risk allocation, providing a clear framework for the storage relationship.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Storage Agreement

Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc

What is a Storage Agreement?

The Storage Agreement serves as a crucial legal instrument for businesses and individuals requiring secure storage solutions in India. This document is essential when parties need to establish a formal arrangement for the storage of goods, whether for commercial, industrial, or personal purposes. The agreement, governed by Indian law, particularly the Indian Contract Act, 1872, and the Warehousing (Development and Regulation) Act, 2007, outlines the complete scope of storage services, including space allocation, handling procedures, security measures, and liability provisions. It is commonly used by warehouse operators, logistics companies, and businesses requiring storage facilities, ensuring clear understanding of rights, responsibilities, and operational procedures while maintaining compliance with Indian legal requirements.

What sections should be included in a Storage Agreement?

1. Parties: Identifies and provides full details of the storage provider and the customer, including their registered addresses and company registration numbers if applicable

2. Background: Brief context about the purpose of the agreement and the parties' intentions

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

4. Storage Services: Details the core storage services to be provided, including the nature of storage space and basic handling services

5. Term: Specifies the duration of the agreement, including start date and any renewal provisions

6. Charges and Payment: Outlines storage fees, payment terms, payment methods, and late payment consequences

7. Access and Operations: Describes access rights, operating hours, procedures for depositing and retrieving goods

8. Security and Storage Conditions: Specifies security measures and storage conditions to be maintained

9. Customer Obligations: Lists customer responsibilities including proper packaging, prohibited items, and information provision

10. Provider Obligations: Details the storage provider's duties and service standards

11. Insurance and Liability: Outlines insurance requirements and limitations of liability

12. Termination: Specifies termination rights, notice periods, and consequences of termination

13. Confidentiality: Governs the handling of confidential information exchanged between parties

14. Force Majeure: Addresses circumstances beyond parties' control affecting performance

15. Governing Law and Jurisdiction: Specifies that Indian law governs the agreement and establishes jurisdiction for disputes

16. General Provisions: Standard boilerplate clauses including notices, amendments, and severability

What sections are optional to include in a Storage Agreement?

1. Special Handling Requirements: Include when storing goods requiring specific temperature, humidity, or handling conditions

2. Value-Added Services: Include when offering additional services like packaging, inventory management, or distribution

3. Dangerous Goods: Include when the facility may handle hazardous materials, specifying compliance requirements

4. Cross-Docking Services: Include when offering temporary storage and immediate redistribution services

5. IT Systems and Inventory Tracking: Include when providing digital inventory management or tracking systems

6. Staff Training and Compliance: Include when specific training or compliance requirements apply to handling stored goods

7. Environmental Controls: Include for temperature-sensitive or environmentally controlled storage

8. Security Protocols: Include when handling high-value items requiring enhanced security measures

What schedules should be included in a Storage Agreement?

1. Schedule 1 - Storage Space Specifications: Detailed description of storage space, including dimensions, location, and specific features

2. Schedule 2 - Fee Schedule: Detailed breakdown of all charges, including storage rates, handling fees, and additional services

3. Schedule 3 - Operating Procedures: Detailed procedures for goods handling, receipt, dispatch, and emergency protocols

4. Schedule 4 - Service Level Agreement: Specific performance metrics and service standards

5. Schedule 5 - Insurance Requirements: Detailed insurance specifications and coverage requirements

6. Appendix A - Prohibited Items List: Comprehensive list of items that cannot be stored in the facility

7. Appendix B - Contact Details: List of key contacts for both parties, including emergency contacts

8. Appendix C - Facility Rules and Regulations: Detailed facility rules, including health and safety requirements

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

India

Publisher

Genie AI

Document Type

Agreement Contract

Cost

Free to use
Relevant legal definitions
Clauses
Relevant Industries

Logistics and Transportation

E-commerce

Retail

Manufacturing

Agriculture

Pharmaceutical

Consumer Goods

Industrial Storage

Cold Chain

Document Storage

Automotive

Electronics

Textile

Food and Beverage

Chemical

Relevant Teams

Legal

Operations

Logistics

Supply Chain

Facilities Management

Risk Management

Procurement

Compliance

Warehouse Operations

Contract Management

Property Management

Business Development

Relevant Roles

Logistics Manager

Warehouse Manager

Operations Director

Supply Chain Manager

Facilities Manager

Legal Counsel

Procurement Manager

Contract Administrator

Risk Manager

Compliance Officer

Storage Facility Supervisor

Inventory Manager

Chief Operations Officer

Business Development Manager

Property Manager

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Lease Agreement Form

An Indian law-compliant agreement establishing terms and conditions between property owner and tenant for the rental of residential or commercial property.

find out more

Evergreen Contract

An automatically renewing contract template compliant with Indian law, designed for ongoing business relationships.

find out more

Contract For Deed

An Indian law-compliant agreement where property is sold through installment payments, with the seller retaining title until full payment is received.

find out more

Bespoke Contract

A customized legal agreement tailored to specific business requirements under Indian law, incorporating both mandatory legal provisions and specialized commercial terms.

find out more

Supplementary Agreement

An Indian law-governed document that modifies or adds to an existing agreement while maintaining its core structure and legal framework.

find out more

Public Contract

An Indian law-governed agreement between a government entity and private party for public procurement, following government procurement regulations and compliance requirements.

find out more

Partnership Agreement In Written Form

A legally binding agreement under Indian law that establishes a partnership between two or more parties, defining their rights, responsibilities, and business relationship.

find out more

Business Agreement

A legally binding business agreement under Indian law establishing commercial relationships between parties, incorporating key provisions and compliance requirements.

find out more

Warrant Agreement

An Indian law-governed agreement establishing terms for issuance and exercise of warrants, complying with SEBI regulations and Companies Act requirements.

find out more

Triple Net Lease Agreement

An Indian law-governed lease agreement where the tenant is responsible for property taxes, insurance, and maintenance costs in addition to rent.

find out more

Surety Agreement

An Indian law-governed agreement where a surety guarantees the payment or performance obligations of a principal debtor to a creditor.

find out more

Subscription Agreement

An Indian law-governed agreement establishing terms for recurring access to products or services, defining rights and obligations of service providers and subscribers.

find out more

Sub Tenancy Agreement

An Indian law-compliant agreement allowing a tenant to lease their rented property to another party, subject to state-specific regulations and original lease terms.

find out more

Short Term Contract

An Indian law-governed contract for temporary employment relationships, establishing terms and conditions for fixed-duration engagements while ensuring compliance with local labor regulations.

find out more

Scheduling Agreement

An Indian law-governed framework agreement establishing terms for scheduled, recurring deliveries of goods or services with predetermined quantities and timelines.

find out more

Probationary Contract

An Indian law-governed employment agreement establishing terms for a probationary period of employment, including conditions for permanent confirmation.

find out more

Purchase Proposal

A formal document under Indian law outlining a buyer's intent to purchase specific goods or services, including key terms and conditions.

find out more

Novation Agreement (Real Estate)

An Indian law-governed agreement transferring rights and obligations under an existing real estate contract from one party to another, with the consent of all parties involved.

find out more

Novation Agreement

An Indian law-governed tripartite agreement that transfers contractual rights and obligations from one party to another, with all parties' consent.

find out more

Option Contract (Real Estate)

An Indian law-governed agreement granting exclusive rights to purchase specified real estate property within a set timeframe and price.

find out more

Material Contract

An Indian law-governed agreement establishing terms for material supply, including specifications, quality standards, and delivery terms.

find out more

Labor Contract

An Indian law-compliant employment agreement establishing terms and conditions between employer and employee.

find out more

Lease Deed

An Indian law-compliant legal document establishing terms and conditions for leasing property between a lessor and lessee.

find out more

Informal Contract

Template for creating simple, legally valid informal contracts under Indian law, suitable for small businesses and freelancers.

find out more

Individual Contract

An Indian law-governed employment contract establishing terms and conditions between employer and employee, ensuring compliance with local labor laws.

find out more

Franchise Agreement

An Indian law-governed agreement establishing a franchise relationship, granting business operation rights under the franchisor's brand and system.

find out more

Form For Independent Contractor

Standard Indian law-compliant Independent Contractor Agreement template for establishing and managing independent service provider relationships.

find out more

Encroachment Agreement

An Indian law-compliant agreement that resolves property encroachment issues between parties, establishing rights and obligations regarding the encroached property.

find out more

Executive Contract

An Indian law-governed employment agreement for executive positions, defining terms of employment, duties, compensation, and obligations in compliance with Indian corporate and labor laws.

find out more

Contingency Contract

An Indian law-governed Contingency Contract establishing obligations dependent on specified future uncertain events, structured under the Indian Contract Act, 1872.

find out more

Consent Agreement

An Indian law-compliant agreement documenting explicit consent for personal data collection and processing, ensuring legal data handling practices.

find out more

Business To Business Contract

An Indian law-governed contract template for establishing commercial relationships between business entities, ensuring compliance with Indian contract law and commercial regulations.

find out more

Barter Agreement

An Indian law-governed agreement facilitating the direct exchange of goods/services between parties without monetary consideration.

find out more

Master Contract

An Indian law-governed framework agreement that establishes standard terms and conditions for future specific agreements between parties.

find out more

Notarial Contract

An Indian law-governed contract formally authenticated by a licensed notary public, providing enhanced legal certainty and evidentiary value.

find out more

Basic Ordering Agreement

An Indian law-governed master agreement establishing terms and conditions for future orders between parties, streamlining recurring business transactions.

find out more

Guarantee Contract

An Indian law-governed contract where a guarantor undertakes to fulfill another party's obligations to a beneficiary upon default.

find out more

Tenancy Agreement Form

An Indian law-compliant agreement establishing terms and conditions between landlord and tenant for property rental, incorporating relevant state and central legislation requirements.

find out more

General Tenancy Agreement

An Indian law-compliant agreement establishing terms and conditions for property rental between landlord and tenant, governed by Indian property legislation and state-specific regulations.

find out more

Contract Agreement Form

A standardized contract agreement template compliant with Indian law, establishing legally binding terms between parties.

find out more
See more related templates

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it

2 Docs LeftAccess Now