Legalities around liquor brand licencing in Maharashtra
13-May-2023 (In Trademark & Copyright Law)
We are trying to build a company that helps MSMEs in launching their brands.
We are first partnering with a small local distillery to launch a liquor.
But our little experience is the issue in getting anything worthwhile in return.
So we have worked out a deal where we own the brand and licence it to them, we also have developed the flavour and would invest in some very small machinery that will be installed at their site.
For this, we will receive a cut on every sale. Eventually when the brand builds some success, the distiller will buy the brand, flavour and machinery from us.
I want to understand the legalities to execute this plan, and we won't want to deal with the excise department or any other liquor related burocracy in any scenario.
We understand your query and have been in routine doing documentation and compliance for the liquor brands. We also are registered TM agents and have been assisting businesses in achieving their requisite legal and compliance assistance.
We would need more information around your term sheet of understanding with the Manufacturers and ensure a strict process of confidentiality to ensure future revenues are secured and also that the brand built does not loose its potential. You may wish to connect with us for the assignment. thanks..
you can execute either a brand licensing agreements with your vendors or franchise agreement with option of becoming equity partner to start with or you can simply create a niche structure for your business model and series of documents to go with it with which will ensure that brand is owned by you at the start with an option to assign and/or license.
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.
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