622+ Lawyers are online 
Other party asking to pay back the money else threatening complaint
10-Aug-2023 (In Civil Law)
Hi I am running a business, I have offers a franchise on collecting 20,000 non refundable deposit, We made agreement in 100 rs stamp paper. It has clearly mentioned in stamp paper non refundable, Stamp paper bought from other party side only Now the other party asking to pay back the money else he is threating he will police complaint.. Need your advise Regards Shanker
Hi
In general,a franchisee agreement entails deposit which is non refundable and also additional amounts towards purchase of goods and services.
Need to check your franchisee agreement to see whether the deposit clearly is for franchisee license or for sale of products and services.
In general, under a franchisee agreement, if there are any lapses on franchisee, franchisor(you) need not refund the deposit money as it is considered as franchisee license fee.
In general,a franchisee agreement entails deposit which is non refundable and also additional amounts towards purchase of goods and services.
Need to check your franchisee agreement to see whether the deposit clearly is for franchisee license or for sale of products and services.
In general, under a franchisee agreement, if there are any lapses on franchisee, franchisor(you) need not refund the deposit money as it is considered as franchisee license fee.
Helpful?
11+
11+
Adv. Rajagopalan
Hyderabad | 500+ Answers
Chat
my friend the terms of the agreement has to read first, if there is any clause non Refundable then the matter is civil in nature police have no right to enter into civil matters you file a suit before the competent civil court seeking for declaration based on your agreement.
Helpful?
13+
13+
Adv. Kaluvala Venkata Vara Prasad
Hyderabad | 25+ Answers
CONTACT NOW
Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.
Connect with top Civil lawyers for your specific legal issue
No Comments! Be the first one to comment.
"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."
