Ban on sole selling agents extended for bulk drugs, excluding Ayurvedic, Unani and Homeopathic preparations. Ban on appointment of sole selling agents applies to all categories of 'bulk drug', 'drugs' and 'formulations' as defined in the Drugs (Prices Control) Order, 1987 because demand substantially exceeds supply and sole selling agents are unnecessary; the prohibition, issued under the Companies Act power, is extended for a further period and excludes bona fide Ayurvedic, Unani and Homeopathic preparations.
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.
Ban on sole selling agents extended for bulk drugs, excluding Ayurvedic, Unani and Homeopathic preparations.
Ban on appointment of sole selling agents applies to all categories of "bulk drug", "drugs" and "formulations" as defined in the Drugs (Prices Control) Order, 1987 because demand substantially exceeds supply and sole selling agents are unnecessary; the prohibition, issued under the Companies Act power, is extended for a further period and excludes bona fide Ayurvedic, Unani and Homeopathic preparations.
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