Legal Opinion India

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LEGAL OPINION INDIA
http//www.pathlegal.in/freelegaladvice.php
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• A written explanation that follows an order or
  ruling in a case by a judge or group of judges is
  normally called a legal opinion. Usually opinions
  are published according to the direction of the
  court.  If a court decides to publish an opinion,
  it is included in a volume from a series of books
  called law reports. 
• In common law legal systems, the published
  opinions of courts are also referred to as case
  law, which is one of the major sources of law.
  This kind of opinion explains what the case is
  about, and also discusses the relevant legal
  principles, in order to apply the law to the
  facts so that can reach a ruling in favor of one
  side. Modern judicial opinions reflect hundreds
  of years of history and practice and
  that actually follow a simple and predictable
  formula.

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• In International jurisdiction, legal opinion is
  also called as an opinion letter. The opinion in
  a letter from issued by lawyers regarding legal
  conclusions and analysis of a transaction or
  matter which is referred to the addressee of the
  opinion. The actual purpose of the legal opinion
  is to inform the addressee the legal effect of
  the matter. Also he/she can identify the risks
  and accordingly can consider further and
  evaluate.
• Legal opinion in Indiais commonly used in a
  variety of situations.  To say, if you want to do
  a cross-border transaction, you could obtain a
  legal opinion from lawyers whether a transaction
  document is valid and enforceable in that
  particular jurisdiction where you want to do the
  transaction and how it complies with the local
  law.

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• If the transactions involve multiple
  jurisdictions where the governing law of the
  documentation is English law, then a combination
  of both foreign and English law legal opinions
  may be required. The lawyers in the relevant
  jurisdictions will need to ensure that together
  the legal opinions opine on all relevant matters
  in such circumstances.  A legal opinion may be
  required in finance transactions, to satisfy
  certain conditions precedent in the transaction
  documents. 
• It is usually required by the lenders to give
  them reassurance that the legal effect of lending
  in the transaction concerned is what they expect
  it to be. Even in bond issues also legal opinions
  are used. 

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The issuer's lawyers may need to provide a legal
opinion to the managers of the bond issue, in
order to provide comfort to them that the terms
and conditions of the bonds do not disregard any
laws. A legal opinion is not a substitute for
legal advice which, in a transactional context,
is likely to be more pervasive.
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You can get more information about Legal opinion
in India, in the below mentioned link.
http//www.pathlegal.in/freelegaladvice.php
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Thank you