https://www.taxtmi.com/acts?id=12633 The statute requires that appointments of sole selling agents be time limited and subject to company approval at the first general meeting following appointment; pre existing long term appointments must be placed before the company for possible termination under transitional rules. The Central Government may compel disclosure, appoint investigators on non compliance, vary terms found prejudicial, and declare a selling agent to be sole for an area where warranted. Companies must produce documents and assist investigations, and failure to comply attracts prescribed fines and continuing penalties. en-us Fri, 13 May 2011 12:36:34 +0530 Fri, 13 May 2011 12:36:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=12633 The statute requires that appointments of sole selling agents be time limited and subject to company approval at the first general meeting following appointment; pre existing long term appointments must be placed before the company for possible termination under transitional rules. The Central Government may compel disclosure, appoint investigators on non compliance, vary terms found prejudicial, and declare a selling agent to be sole for an area where warranted. Companies must produce documents and assist investigations, and failure to comply attracts prescribed fines and continuing penalties. Act-Rules Companies Law Fri, 13 May 2011 12:36:34 +0530 https://www.taxtmi.com/acts?id=12633