A contract between franchisor and franchisee is established under which Act?
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So far, franchise agreements are covered under two standard commercial laws: the Contract Act 1872 and the Specific Relief Act 1963, which provide for both specific enforcement of covenants in a contract and remedies in the form of damages for breach of contract.
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1870: Bombay Mutual Life Assurance Society, the first Indian life insurance company started its business.
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