What is Indenting Agent?
Can a company (incorporated under companies act) act as an Indenting Agent for selling of goods?
If you can provide me any Sample Draft for Indenting Agent Agreement.
Thanks & Regards
Sanchari
Sanchari Nandi (executive) 28 May 2010
What is Indenting Agent?
Can a company (incorporated under companies act) act as an Indenting Agent for selling of goods?
If you can provide me any Sample Draft for Indenting Agent Agreement.
Thanks & Regards
Sanchari
Devajyoti Barman (Advocate) 28 May 2010
An indenting agent is who collects commisssion on sale though it may not buy or resale a product.The value added to the supply chain is distribution,technical support, inport export documentation services etc. Its not a very common place example in India nor properly defined by the Indian Contract Act. I do not think that there is any bar for an incorporated company in India to act as an indenting agent.
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