Appointment of sole selling agents in certain cases - Sole selling agents not to be appointed by any company for sale of Vanaspati in India for period of two years - GSR 927(E), - Companies Law
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Prohibition on sole selling agents: appointment barred for Vanaspati sales in India to address supply-demand imbalance. A notification under the Companies Act prohibits companies from appointing sole selling agents for the sale of Vanaspati in India, based on a finding that demand substantially exceeds production or supply and that exclusive agency services are unnecessary to create a market; the prohibition applies for a two-year period from the notification's publication.
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.
Prohibition on sole selling agents: appointment barred for Vanaspati sales in India to address supply-demand imbalance.
A notification under the Companies Act prohibits companies from appointing sole selling agents for the sale of Vanaspati in India, based on a finding that demand substantially exceeds production or supply and that exclusive agency services are unnecessary to create a market; the prohibition applies for a two-year period from the notification's publication.
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