Fundamentally, every franchising relationship is a contractual relationship and therefore, the Indian Contract Act, 1872 (“Contract Act”) would be applicable to all franchising arrangements. Fundamentally, every franchising relationship is a contractual relationship and therefore, the Indian Contract Act, 1872 (“Contract Act”) would be applicable to all franchising arrangements. Under the Contract Act, a “contract” is an agreement enforceable by law. The following elements are required to constitute a contract:
(a) An agreement, i.e. an offer and an acceptance of the offer;
(b) Lawful consideration for the agreement;
(c) Lawful object and purpose of the agreement;
(d) Free consent of the parties to the agreement;
(e) Capacity of the parties to enter into an agreement.
You can definitely sue to the Company through their representative in India and can claim damage for the breach of Contract according to the terms and policy of the Franchise Closure Agreement. If the Company is postponing the payment then according to Agreement you can file case against the Company and can claim for payments as well as damages for delaying the payment accordingly.
So why delay the process, 'Get a Wazzeer' to kick start the process.
over 3 years ago