WHAT IS THE MEANING OF SOLE SELLING AGENT?
PLZ EXPLAIN.
CA. A. K. GUPTA (HOD (Accounts Dept)) (1426 Points)
06 April 2011WHAT IS THE MEANING OF SOLE SELLING AGENT?
PLZ EXPLAIN.
SANTOSH SHAH
(Company Secretary)
(754 Points)
Replied 06 April 2011
Originally posted by : A. K. GUPTA | ||
WHAT IS THE MEANING OF SOLE SELLING AGENT? PLZ EXPLAIN. |
Sole Selling Agent means , where a company appoints a person on behalf of company as an agent
of the company who would be authorized for marketing & selling the product or goods of the company in an
area where company may not have access. It also means that the person will be exclusively
selling the product of that company or brand and not that of any others in full capacity.
The Sole Selling Agent will be given salary or commission for the task taken.
Other members views welcome.
regards
Santosh Shah
CA Sandeep Kumar
(Audit Assistant)
(804 Points)
Replied 06 April 2011
agreed with santhosh completely...
to add on, section 294 to 294AA contain provisions relating to sole selling/buying agents.
Paul Abraham
(exective programme)
(26 Points)
Replied 05 April 2016
Would an exclusive licensee be a sole selling agent ?