Licensing agreement for manufacture of overseas brand


Sirs ,

1. The licensor is a Gulf co and Licensee is an Indian co

2. Any specific RBI approval is required for both 

3. Should the agreement to be registered 

4. What is the normal jurisdiction , courts abroad or India

 

 

 
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Lawyer

2) N o approval from RBI is not required. It require approval from ministry of external affair & Industry.

3) Yes registered rent agreement is MANDATORY.

4) Place of business is the local jurisdiction

Will u appreciate my answer by giving THANKS on my Profile?

 
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