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Appointment of sole slling agent: Law

By: Material type: Mixed materialsMixed materialsPublication details: 2012Description: 94-98Subject(s): NLM classification:
  • 346.54066
In: CHARTERED ACCOUNTANTMSummary: Section 294 and 294AA of the Companies Act, 1956 regulate the appoinment of sole selling agents. This section provide among other things, that no comapny shall appoint a sole selling agent for any areas for a term exceeding five years at a time and the term may be extended for another period but not exceeding five years on each occasion.
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Section 294 and 294AA of the Companies Act, 1956 regulate the appoinment of sole selling agents. This section provide among other things, that no comapny shall appoint a sole selling agent for any areas for a term exceeding five years at a time and the term may be extended for another period but not exceeding five years on each occasion.

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