This article provides a brief update on the filing of applications under the Protection of Geographical Indications Act.
December 6, 2018
A franchise agreement is a legally binding contract between a franchisor and a franchisee, specifying the rights, costs, and responsibilities of the parties in the franchising relationship. A typical component of a franchise agreement is a clause allowing the franchisee to use the franchisor’s intellectual property assets, such as trademarks, to reap the commercial benefits of a successful brand or business model.