Can I Create a Franchise Agreement Online?

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Can I Create a
Franchise Agreement Online?
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Introduction
The set of regulations that govern franchise
agreements between franchisors and franchisees is
known as franchise law in India. The Trade Marks
Act of 1999 and other regulations that safeguard
intellectual property rights are important, but
other important factors include the regulatory
framework for consumer protection and competition
rules that guarantee fairness in trade.
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A franchise agreement what is it?
The Indian Contract Act, 1872, which lays forth
the fundamental rules of contract law, including
the creation, rights, and obligations of parties
entering into agreements, is the primary body of
law that governs franchise agreements in India.
Furthermore, applicable regulations such as the
Trade Marks Act of 1999, the Consumer Protection
Act of 2019, and the Competition Act of 2002
regulate particular aspects of franchise
agreements, including intellectual property
rights, consumer protection, and competition law.
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Which Indian Law Regulates Franchise Agreements?
Franchise agreements in India are mostly based on
the Indian Contract Act, 1872, a body of
legislation encompassing rights and obligations
as well as contract creation. Like intellectual
property rights, other provisions of this
agreement are governed by pertinent statutes such
as the Trade Marks Act of 1999, the Consumer
Protection Act of 2019, and the Competition Act
of 2002.
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Does creating an online franchise agreement
require any specific documents?
Generally, you will need the following to develop
an online franchise agreement

• Franchisor History
• Fee Structure
• Intellectual Property Rights
• Term Termination
• Law Compliance
• Legal Review
• Signatories

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Is Stamp Paper Required for Franchise Agreements?
Generally, franchise agreements in India don't
need stamp paper. According to the Indian Stamp
Act, which only requires stamp duty on a limited
number of designated documents, they may be
completed on plain paper. To make sure local laws
and regulations are followed, it is best to speak
with a legal professional.
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Thank You