Civil law
supriya
(Querist) 20 June 2012
This query is : Resolved
The first person is having some type of technology and he is giving the same to the second contracting party to improve it.both are doing it in a free consent.what is the way to transfer the rights of the first party to second party?is any written agreement is necessary?whether the concept of GPA will come here.please advice...
M.Sheik Mohammed Ali
(Expert) 20 June 2012
its depend upon the technology development wise need agreement.
Sankaranarayanan
(Expert) 20 June 2012
If you do all legally then the contract is must it helpful for all
N.K.Assumi
(Expert) 20 June 2012
Franchise Agreement is suitable in such case not GPA, as both depends on each others genius.
supriya
(Querist) 21 June 2012
Thank You all