Legal Question in Business Law in India

I have a Pvt. Ltd company. We are dealing with Natural Oxygen Lamps. I am planning to introduce Herbal Products to our customers. One of my friend is the manufacturer of Herbal Products. But, I want to be the manufacturer and do not want his name of the packing. Can we write a MOU and have his license and GMP on the products with my name as the manufacturer? He is fine with it. and fine writing MOU also. But, I would like to know if this is possible legally.

Please let me know. So that I can market my products all over the world. because my customers are worldwide customers and both of us will have good business.

Thanks a lot in advance,

Srujana.


Asked on 9/26/09, 10:45 pm

2 Answers from Attorneys

Seshadri Srinivasan www.lawconcern.com

The MOU must be drafted in such a way that it becomes your product in accordance with law after your purchase from your friend.

Write email / Phone for a detailed MOU:

S.Seshadri

Chennai office phones: 98403 20808 / 28515229

emails: [email protected]

[email protected]

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Answered on 9/27/09, 5:12 am
Sudershan Goel India Law Offices of Sudershan Goel - Advocate

I agree. you may go ahead. good luck!

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Answered on 9/28/09, 10:45 am


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