Arbitration clause in franchise agreement
Hello
I have received the notice from my franchisor advocate that they would file a petition in high court under arbitration clause in franchisee agreement. They submitted the petition but it seems that the court told them to send me a notice to be present in the court. I received the letter from the advocate that i should be present in the court next week. The letter doesnt not have any court order. What should i do?The court is in the different city. I have written a mail to the advocate & the franchisor that i am not going to pay the royalty because company did not acted in good faith(Wrong projections,lack of support) & i had to wind up like other franchisee's in the city. Do i need to look for lawyer now or should i wait for the court's order for arbitrator's appointment. Can the court appoint arbitrator without my presence in the court. Please help.
Asked 10 years ago in Business Law
Hello
Thank for your answer. So i need not be present in the court next week when they submit the petition. Would be wise to hire a lawyer & appear next week with my grievances. The petition is in kolkata high court. I am in mumbai.
Asked 10 years ago
Amt due to them is Rs.100000. I have incurred losses after taking the franchise. Most of the frachisee of the company have closed down in mumbai.
Asked 10 years ago