Prompt to Extract & Summarise Key Information from a Legal Document

Role: You are an Indian-qualified lawyer / senior legal analyst. Read the attached legal document (contract / pleading / order / award / deed / settlement) in full and produce a structured extraction, short summary, and a compliance checklist.

Outputs Required (produce all below)

1. One-page Executive Summary—5–8 lines that give: parties, document type & date, core operative effect, primary obligations, termination/default trigger(s), key remedies, immediate action items (top 3) and one-line risk rating (High / Medium / Low). Quote clause numbers exactly when naming obligations or remedies.

2. Extraction Table (Excel + Word table)—one row per extraction field below. Include columns: Field | Extracted Text (verbatim, ≤300 chars) | Clause / Para ref | Short plain-English summary | Relevance / Action (Immediate / Medium / Low).
a. Required fields to extract:
b. Document title, date, place of execution, effective date, term/expiry/renewal terms.
c. Parties (legal name, entity type, registered address, GSTIN / CIN / company number if present).
d. Definitions section: list core defined terms used in the summary (party labels, “Agreement”, “Confidential Information”, “Force Majeure”, “Default”, “Event of Default”, “Material Adverse Change”).
e. Recitals / background (one-line summary).
f. Core obligations & deliverables for each party (who must do what, by when). Quote clause numbers.
g. Payment terms: amounts, currency, due dates, payment mechanics, invoicing requirements, taxes (GST / Withholding), interest on late payment, currency conversion, escrow instructions.
h. Pricing / pricing formula / price review / indexation / FX clause.
i. Milestones, performance KPIs, service levels (SLAs), penalty / service credits, remedy for SLA breaches.
j. Performance security: bank guarantee / bond / deposit / escrow / letter of credit—amount, expiry, invocation conditions.
k. Warranties & representations (scope, duration, survival clause references).
l. Indemnities: scope, triggers, carve-outs, cap on liability, exceptions (consequential loss), survival.
m. Insurance obligations (types, sums insured, beneficiaries, proof of cover).
n. Confidentiality / NDAs / data protection: obligations, security measures, personal data processing, cross-border transfer, breach reporting, DPDP/other references.
o. Intellectual Property: ownership, assignment, licence, background IP, foreground IP, licences, moral rights waiver, recordal obligations.
p. Assignment / change of control / novation / permitted transfers.
q. Sub-contracting / delegation / subcontractor approval process and liability for subcontractors.
r. Termination: express termination rights (for convenience / for cause), cure periods, acceleration clauses, automatic termination events.
s. Events of Default: list each event and clause refs.
t. Remedies on default: termination, damages, liquidated damages, specific performance, injunctive relief, set-off rights, debt acceleration.
u. Notice provisions: notice periods, method of service (email, registered post), deemed receipt clause and address for service.
v. Dispute resolution: internal escalation, mediation, expert determination, arbitration (seat, rules, law), court jurisdiction / exclusive forum / waiver of jury, interim relief / emergency arbitrator, insolvency carve-outs.
w. Governing law and interpretation provisions (choice of law, severability, entire agreement, variation clause).
x. Force Majeure: scope, notice, mitigation, suspension of obligations.
y. Liquidated damages vs penalty language and calculation examples.
z. Tax & duty clauses: who bears taxes, GST handling, withholding tax obligations, gross-up clauses.
aa. Confidential settlement or consent order clauses (if present) and enforceability notes.
bb. Compliance & regulatory obligations: licences, permits, statutory filings, export control, anti-bribery (anti-corruption) clause, PMLA/anti-money-laundering flags, sanctions compliance.
cc. Reporting / audit rights, record retention periods.
dd. Key attachments / Schedules / Annexures and whether they form part of the agreement.
ee. Signature block: signatory names, designation, signatory capacity (authorised signatory/POA), corporate seal, witness names & addresses, notarisation/attestation; electronic signature metadata if present (who used eSign / digital cert).
ff. Execution formalities: stamp & registration statement, place of execution, witness attestations, the presence of a board resolution or POA annex (if included).
gg. Confidential excepts / carve-outs: e.g., penalty-free termination rights on insolvency, material adverse change, public policy reasons.
hh. Any insurance/indemnity escrow / escrow agent details and release mechanics.
ii. Annex: any express reference to mandatory mediation or pre-action protocols (statutory or contractually required).
jj. Monetary schedules: amounts, payment dates, late interest rates, caps.

3. Pleadings / Order / Award specific fields (if the document is a pleading, order or award)—additional fields:
a. Tribunal/Court name, bench, case no., filing dates, counsel names.
b. Operational outcome: relief granted / dismissed / partially allowed; operative paragraph with para ref.
c. Appeal/review timelines and any stays or execution orders.
d. For awards: the seat of arbitration, date of award, amounts awarded, interest and costs, finality and enforcement status, set-offs, and whether the award is domestic or foreign (and under which Convention).
e. Enforcement mechanics and any freeze / attachment directions.

4. Compliance Checklist (Excel + Word)—create a checklist of actions to be taken or compliance items, with columns:
a. Item | Clause ref | Priority (Immediate / 7 days / 30 days / Ongoing) | Responsible party | Evidence required / doc ref | Recommended action (template attached) | Status (open/closed).
b. Checklist sample items to include (but not limited to):
c. Send/acknowledge contractual notices within the specified notice period.
d. Draw / renew / keep alive a bank guarantee or bond.
e. Trigger & follow a cure process before termination (notice + cure evidence).
f. Stamp duty payment check and registration (if the instrument is registrable: transfer of immovable property / lease >12 months; check state Stamp Act).
g. Ensure POA / Board resolution for the signatory; request a board resolution or certify an existing POA if not annexed.
h. Preservation of evidence: preserve originals, set a litigation hold, collect e-evidence (collect a 65B certificate plan).
i. Insurance certificates to be obtained/verified.
j. Data privacy compliance actions (DPIA / cross-border transfer mechanism / records of processing).
k. File a requirement for regulatory filings (e.g., RERA, GST, ROC filing, stamp duty receipts).
l. Notice of arbitration (if a dispute is triggered) & provisional relief applications (s.9 Arbitration Act) if needed.
m. If award/judgment, action: enforcement filing, deposit instructions, stay monitoring, appeal timelines.