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Showing posts from August, 2024

Franchising in India

Franchising has emerged as a popular and effective business model in India, offering entrepreneurs the opportunity to expand their brands while allowing others to operate under a proven system. This model has gained significant traction due to India's large and diverse market, making it a fertile ground for both domestic and international franchise opportunities. However, navigating the franchise laws in India requires careful consideration of applicable statutes, legal compliance, and best practices in drafting franchise agreements. This article provides an in-depth look at franchising in India, along with important considerations for both franchisors and franchisees. 1) Understanding Franchising in India Franchising in India is a method of expanding a business by granting another party (the franchisee) the rights to operate under the franchisor's brand name and system. The franchisee typically pays an initial fee and ongoing royalties in exchange for the right to use the bran...

Navigating Alimony During Divorce in India

What is Alimony? Alimony, or spousal support, is the financial assistance one spouse provides to the other following a divorce or separation. It aims to help the financially dependent spouse maintain a lifestyle similar to that during the marriage. Types of Alimony Interim Maintenance: Temporary support provided during the divorce proceedings. Permanent Alimony: Long-term financial support awarded once the divorce is finalized. When is Alimony Paid? Alimony payments generally commence after the divorce is finalized and a court order is issued. Courts can also grant interim maintenance while proceedings are ongoing. The Divorce Process Duration Mutual Consent Divorce: Typically takes 6 to 9 months if both parties agree on the terms. Contested Divorce: Can take several years due to disputes over property, child custody, and alimony. Challenges of Divorce Emotional and Practical Aspects Divorce is both emotionally and practically challenging. Support from friends and family is often cru...