Appointment of sole buying agent requires Central Government approval with prescribed disclosures, attachments, and authorized digital filing. Application for approval to appoint a sole buying agent requires Central Government approval and must include CIN and company identity, three year transactional disclosures of goods purchased and commissions, agent identity and organisational details, description of agent's business capacity, prior appointment and remuneration details, and mandatory attachments: proposed agreement, auditor's certificate of expenditure, share interest particulars, directorship and relationship disclosures; application must be authorised by board resolution and digitally signed by an authorised officer.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Appointment of sole buying agent requires Central Government approval with prescribed disclosures, attachments, and authorized digital filing.
Application for approval to appoint a sole buying agent requires Central Government approval and must include CIN and company identity, three year transactional disclosures of goods purchased and commissions, agent identity and organisational details, description of agent's business capacity, prior appointment and remuneration details, and mandatory attachments: proposed agreement, auditor's certificate of expenditure, share interest particulars, directorship and relationship disclosures; application must be authorised by board resolution and digitally signed by an authorised officer.
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