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Creative Director » Agency Agreement In India

Agency Agreement In India

September 9, 2021

Therefore, the agreement should provide for an objective criterion for the conclusion of dissatisfaction or non-compliance, in order to avoid misinterpretation in the event of a dispute. The distribution contract must be carefully drawn up in order to provide for the right to accept or refuse the management of the distributor. h. “XYZ” will not inform third parties of what “XYZ” has received in connection with the performance of this Agreement, unless it is information covered by ( ” * “) and intended to be communicated to customers. Competition issues are dealt with by the ICC in accordance with the procedure laid down in the Competition Act in order to determine anti-competitive agreements and abuse of a dominant position under the Competition Act. The first step in protecting intellectual property rights is to register them in the country of origin and then register them in India. Protection under an international agreement or an international agreement on intellectual property signed by India may also be invoked. There is no legal prohibition on passing on the cost of advertising by the supplier to its distributors. Advertising costs are the subject of an agreement between the supplier and its distributors. 5. Contractual conditions and termination of the contract: the agreement indicates the duration of the contract, i.e. the start date and the end date of the contract.

In addition, the right of one of the parties to terminate the contract, including the circumstances in which the contract may be terminated, should be established. As explained above, these cases are decided on the basis of the rule of reason which involves the examination of the object and effects of an agreement, whether the restriction imposed somehow reduces competition in India or simply regulates and encourages competition. . . .