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iii) In the present case, appellant company was giving the royalty more for enjoying trade name and trade mark whose value Nil after termination of the contract.

iv) Appellant company has non-exclusive right to use the trademarks within the territory of India.

v) The royalty is determined on the basis of percentage of turnover and it is not paid as lump sum, therefore, the same can increase or decrease on the basis of turnover.

iii) In the present case, appellant company was giving the royalty more for enjoying trade name and trade mark whose value Nil after termination of
iv) Appellant company has non-exclusive right to use the trademarks within the territory of India. the contract.
v) The royalty is determined on the basis of percentage of turnover and it is not paid as lump sum, therefore, the same can increase or decrease on the basis of turnover.