Managing agent not to engage in business competing with business of managed company.

Managing agent not to engage in business competing with business of managed company. https://www.taxtmi.com/acts?id=12756 Section 375 prohibited a managing agent from engaging in business competing with the business of the managed company, as part of the Companies Act management and administration provisions; it was omitted by the Companies (Amendment) Act, 2000 because provisions relating to managing agents had become redundant after abolition of the managing agent system by Act 17 of 1969. en-us Mon, 16 May 2011 12:28:17 +0530 Mon, 16 May 2011 12:28:17 +0530 TaxTMI RSS Generator Managing agent not to engage in business competing with business of managed company. https://www.taxtmi.com/acts?id=12756 Section 375 prohibited a managing agent from engaging in business competing with the business of the managed company, as part of the Companies Act management and administration provisions; it was omitted by the Companies (Amendment) Act, 2000 because provisions relating to managing agents had become redundant after abolition of the managing agent system by Act 17 of 1969. Act-Rules Companies Law Mon, 16 May 2011 12:28:17 +0530 https://www.taxtmi.com/acts?id=12756