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Frequently asked Questions
A Franchise Agreement is a legally binding contract under the Indian Contract Act, 1872, outlining terms for a franchisee to operate under a franchisor’s brand.
It protects IP, ensures brand consistency, supports expansion and minimizes disputes, enhancing investor trust and revenue stability.
Franchise fees, royalties, IP protection, territory, operational standards and arbitration clauses, per Indian Contract Act, 1872.
Yes, when stamped per Stamp Act, 1899 and executed, it’s enforceable under the Indian Contract Act, 1872.
Yes, stamp duty under the Stamp Act, 1899, varies by state to ensure legal enforceability in India.
IP clauses safeguard trademarks and brand assets, per Trade Marks Act, 1999, preserving brand value.
Breaches may lead to damages, injunctions or arbitration under the Indian Contract Act, 1872 and Arbitration Act, 1996.
Yes, e-signing is valid under the IT Act, 2000, ensuring enforceability with proper execution and stamp duty.
Novam Legal crafts industry-specific agreements with Contract Act-compliant IP and royalty clauses, tailored to your brand.
Custom agreements ensure enforceability, protect brand value and reduce risks compared to generic templates.
It provides standardized terms for franchisees, ensuring brand consistency and simplifying scaling, per Contract Act standards.
Yes, with mutual consent and Novam Legal’s support, amendments comply with the Indian Contract Act, 1872.