LawRato

Business contract for appointing a distributor or CNF


29-Mar-2023 (In Corporate Law)
We are in the field since 1980's and we have a trading firm which we operate through our own registered brands.. We are now appointing distributors in various areas and i want to know what shall be the legal agreement terms and conditions and what essential documents are required for such and what to state in Rs.20 government paper and how to excute it & since we are not a company or pvt ltd..how can it be done
Answers (2)

Answer #1
560 votes
Dear Querist, Distribution Agreement should essentially comprise of the following clauses: 1. DISTRIBUTOR 2. Basis of the Agreement 3. Right to appoint SUB- DISTRIBUTOR 4. Order placement/Acceptance 5. Terms & Condition 6. Sale price 7. Maximum Retail Price 8. Payment 9. Hold the goods in Trust 10. Lien on goods 11. Dispatch 12. Delivery 13. Failure to take delivery 14. Claim on quality 15. DISTRIBUTOR service & support 16. Business Promotion 17. Optimum level stocks 18. Information and records 19. Statutory obligations 20. Confidentiality 21. Breach of Terms & Conditions 22. Duration of the Agreement and Renewal 23. Termination Now consult with your lawyer/Counsel regarding the domain of your business and accordingly get the Agreement drafted on the basis of your business requirement. Thanks & Regards, Sohail Haque
Helpful? LawRato43+ LawRato
Answer #2
557 votes
I am totally confused with your contention that you are not a legal entity but you have been carrying on business for the last so many years.please let me know whether you are running a proprietorship firm /partnership firm.As regards, formalities relating to legal contract needful legal assistance can be rendered from this end through Lawrato.
Helpful? LawRato30+ LawRato

Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.

Report abuse?

Comments by Users

No Comments! Be the first one to comment.

"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."