Appointment of sole slling agent: Law

NIRUPAMA, SAGALA

Appointment of sole slling agent: Law - 2012 - 94-98

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.

SOLE SELLING AGENT

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