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The Transfer Copyright Ownership Contract is a crucial legal instrument used when permanently transferring copyright ownership in India. This document is essential when creators, businesses, or copyright holders wish to sell or transfer their copyright entirely to another party. It must comply with the Copyright Act, 1957, and the Indian Contract Act, 1872, ensuring all legal requirements for copyright transfer are met. The agreement is commonly used in various scenarios, such as when authors sell their works to publishers, when companies acquire intellectual property assets, or during business acquisitions where copyright assets are involved. The document includes detailed specifications of the work being transferred, consideration amount, warranties of ownership, and other critical terms to protect both parties' interests.
