Franchisee Agreements in India:- A franchise is an agreement wherein an entrepreneur with a product, instead of selling directly, sells through another known as the ‘franchisee’, licensing the use of his intellectual property rights. There is no specific legislation governing franchisee arrangements in this country, as such the agreements are subjected to the provisions of Indian Contract Act, 1872; Specific Relief Act, 1963 and Taxation; Property; Labour and Insurance Laws.Additionally, laws and regulations applying to specific sectors of goods and services will also apply depending on the franchised.