The legal dispute between actor Salman Khan and gym equipment maker Jerai Fitness has finally been settled after both parties submitted consent terms before the National Company Law Appellate Tribunal (NCLAT).
The issue began when Salman Khan entered into a trademark licensing agreement with Jerai Fitness through his fitness brand Being Strong. The partnership started in 2018, was revised in 2019, and renewed again in August 2023 under a fresh contract, as reported by Bar & Bench
Under the deal, Jerai was allowed to manufacture, market, and sell gym equipment using the Being Strong brand name. In return, the company had to pay Rs 3 crore annually or 3% of its net sales, whichever was higher.
Salman Khan later claimed that Jerai had…