termination of franchise agreement
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Vaishnavi Gupta Oct 01 2020 - 1 min readArvind Fashions and Gap Inc have made a decision to mutually terminate their franchise agreement in India. Both companies agreed to part ways due to circumstances post the COVID-19 pandemic. Arvind Fashions told the Bombay Stock Exchange in a filing, “We wish to inform that Arvind Lifestyle Brands Limited, a wholly-owned subsidiary of Arvind Fashions Limited (AFL) ...
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Franchise India Bureau Mar 03 2018 - 1 min readHCL Infosystems Ltd. has cancelled the transfer deal with Chennai-based Everest Edusys and Solutions Pvt. Ltd. deal to sell Digischool business to them. HCL Infosystems in a stock-exchange disclosure said the deal is terminated on account of material breach of the terms of the business transfer agreement by Everest Edusys and ...
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Ramanjit Kaur Sep 29 2017 - 5 min readExpiration or termination of a franchise agreement is a common course of action for every franchise business. Though franchising is undoubtedly a profitable venture for an entrepreneur to take up and an easy mode of owning a business under a well recognised brand name. However, it involves lot of complexities and legal issues. This is ...