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We had entered into a Franchise business with a company under proper franchise agreements but subsequent to all payments from our side, the company started to show its color i.e. it inordinately delayed the supply of material initially and going forward it did not adhere to not one single agreed term of the agreement, consequently we started to run into negative. Same was the case with all the other franchisees. Now the problem is:

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”) ...


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