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Frequently asked Questions
A legally binding contract under the Indian Contract Act, 1872, outlining terms for a distributor to market and sell a supplier’s products/services in a defined territory.
It clarifies roles, margins and IP protection, reducing disputes and ensuring compliant, growth-driven distribution.
It clarifies roles, margins and IP protection, reducing disputes and ensuring compliant, growth-driven distribution.
Roles, margins, territorial rights, IP protection, confidentiality, arbitration clauses and termination terms, per Contract Act standards.
Yes, when stamped per the Stamp Act, 1899, it’s enforceable under the Contract Act, 1872.
Yes, stamp duty under the Stamp Act, 1899, varies by state, ensuring evidentiary value and enforceability.
IP clauses safeguard trademarks or branding materials, per Trade Marks Act, 1999, during distribution.
Breaches may lead to arbitration (per Arbitration Act, 1996) or legal action, with remedies like damages or injunctions.
Yes, e-signing is valid under the IT Act, 2000, with stamp duty compliance.
We craft sector-specific agreements with roles, IP and arbitration clauses, compliant with Contract Act and Sale of Goods Act standards.
It ensures clarity, compliance and protection, reducing risks compared to generic templates, enhancing distribution relationships.
It enables controlled growth through territorial rights and sales targets, per Contract Act and Competition Act standards.
Yes, with mutual consent and Novam Legal’s support, amendments comply with the Indian Contract Act, 1872.
