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

Meaning of Sole Selling Agent

WHAT IS THE MEANING OF SOLE SELLING AGENT?

 

PLZ EXPLAIN.



 4 Replies

SANTOSH  SHAH

SANTOSH SHAH (Company Secretary)     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

CA Sandeep Kumar (Audit Assistant)     06 April 2011

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

Paul Abraham (exective programme)     05 April 2016

Would an exclusive licensee be a sole selling agent ?


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