ICICI

Meaning of Sole Selling Agent


CA. A. K. GUPTA (HOD (Accounts Dept))     06 April 2011

CA. A. K. GUPTA
HOD (Accounts Dept) 
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WHAT IS THE MEANING OF SOLE SELLING AGENT?

 

PLZ EXPLAIN.

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SANTOSH SHAH (Company Secretary)     06 April 2011

SANTOSH SHAH
Company Secretary 
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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

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CA Sandeep Kumar (Audit Assistant)     06 April 2011

CA Sandeep Kumar
Audit Assistant 
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agreed with santhosh completely... 

to add on, section 294 to 294AA contain provisions relating to sole selling/buying agents. 


(Guest)

If I m appointing more than 1 person in the same region...whether they would be regarded as sole selling agents...please reply

Paul Abraham (exective programme)     05 April 2016

Paul Abraham
exective programme 
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Would an exclusive licensee be a sole selling agent ?


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