Not have property rights and agreement made
sonavnayak
(Querist) 11 January 2018
This query is : Resolved
How can an agreement can be challanged as void in case of not have any property rights. If a comapny sale frenchise for a product in the name of XYZ, But in real acutal name of the product is ABC, without having in brand approval, can they make frenchise agreement for product in the name of XYZ, which is not have any approval. CAN THIS AGREEMENT GET CHALLNGED THE PRODUCT IS REQUIRE SOME APPROVAL TOO
Isaac Gabriel
(Expert) 11 January 2018
Query lacks adequate information.
M V Gupta
(Expert) 12 January 2018
On the basis of what you have sated, in my view, you may revoke the franchise agreement and demand refund of any deposit or payment made under the agreement.You can also consider demanding damages for the losses sustained by you on account of any steps taken by you such as hiring premises, printing of advertisement for sale of the product etc. In the revocation notice you have to clearly state the reason for revocation which may be that you have ascertained that the Company has given the agreement for a product for which they do not have any rights.
sonavnayak
(Querist) 07 February 2018
We paid them non refundable franchise fees, and coming without commencement wind up the business with out our refund of fees, we file fir against the same Co case on us loss of reputation hie can they claim as they already have fraud and cheater. I how can we get our fees and losses with loss of reputation
sonavnayak
(Querist) 07 February 2018
We paid them non refundable franchise fees, and without commencement wind up the business with out our refund of fees, we file fir against the same Co. And said co case on us for loss of reputation can they claim as they already have fraud and cheater. I how can we get our fees and losses with loss of reputation
