Prohibition on sole selling agents for specified drug categories to prevent unnecessary appointments during supply-demand imbalance. Central Government power under the Companies Act prohibits appointment of sole selling agents for every category of 'Bulk drugs', 'drugs' and 'formulations' as defined in the Drugs (Prices Control) Order, 1995, except bona fide Ayurvedic (including Siddha) or Unani (Tibb) preparations and Homoeopathic preparations, where demand substantially exceeds production or supply and agencies are unnecessary to create a market; the prohibition applies for a limited 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 for specified drug categories to prevent unnecessary appointments during supply-demand imbalance.
Central Government power under the Companies Act prohibits appointment of sole selling agents for every category of "Bulk drugs", "drugs" and "formulations" as defined in the Drugs (Prices Control) Order, 1995, except bona fide Ayurvedic (including Siddha) or Unani (Tibb) preparations and Homoeopathic preparations, where demand substantially exceeds production or supply and agencies are unnecessary to create a market; the prohibition applies for a limited period from the notification's publication.
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