Advo e-Works

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...

  1. What is a Patent?   A Patent is a statutory right for an invention granted for a limited period of time to the patentee by the Government, in exchange of full disclosure of his invention for excluding others, from making, using, selling, importing the patented product or process for producing that product for those purposes without his consent.     2.         What is the term of a patent in the Indian system?     The term of every patent granted is 20 years from the date of filing of application. However, for application filed under national phase under Patent Cooperation Treaty (PCT), the term of patent will be 20 years from the international filing date accorded under PCT.     3.         Which Act governs the patent system in India?     The patent system in India is governed by the Patents Act, 1970 (No.39 of 1970) as amended by the   Patents...