What Are the Key Provisions of a Franchise Agreement in India?" 🤝 #FranchiseAgreement #FranchiseLaw #BusinessExpansion #IndianLaw #CorporateLaw #FranchiseBusiness #LegalCompliance #LexisAndCompany #Lexcliq 💬 "What are the key provisions to include in a franchise agreement in India?" A common query for entrepreneurs expanding their business: 🔥 #FranchiseBusiness #LegalTips #BusinessLaw #IndianLaw #FranchiseGrowth #LexisAndCompany 🧐 Answer: A franchise agreement is a legal document that outlines the relationship between a franchisor and a franchisee. It defines the terms under which a franchisee can operate a business using the franchisor’s brand, trademark, and system. Here are the key provisions that should be included in a franchise agreement in India: Grant of Franchise This section specifies the franchisor’s right to grant the franchise and the territory within which the franchisee can operate. It also outlines whether the franchise is exclusive or...
What Are the Key Elements of a Shareholder Agreement?" 📜🤝 | #ShareholderAgreement #CorporateLaw #BusinessPartnerships Question of the Day: "What are the key elements that should be included in a shareholder agreement in India?" 🤔🇮🇳 #BusinessPartnership #CorporateGovernance #ShareholderRights #LexisAndCompany Short Answer: A shareholder agreement in India should clearly define shareholding structure , rights and obligations of shareholders, voting rights , dividend distribution , and exit strategies . It helps in managing disputes and aligning the interests of shareholders. 📝⚖️ #Shareholders #CorporateAgreements #BusinessRegulations Detailed Explanation: A shareholder agreement is an essential document for any business with multiple shareholders. It provides clarity on how the company will be governed and how disputes between shareholders will be resolved. Here are the key elements to include: ✔️ Shareholding Structure: Clearly define the number of sha...