Statement not disclosing material facts pertaining to resolution – Whether good company practice

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Full Text of the Document

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....e across several cases where the letter and spirit of law in this regard have not been substantially complied with by several company managements. In some cases, the Department found that important material facts relating to the appointment of sole-selling agents under section 294 such as the nature of services to be rendered by the sole-selling agents to the company, the rate of commission or oth....