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Company Secretary as Patent Agent
Section – 126 of the Patents Act, 1970, provides that a person shall be qualified to have his name entered in the register of patent agent, if he is a citizen of India, completed the age of 21 years, has obtained degree in science, engineering or technology from any university Read More →
Legal – Types of Agents
What are the types of Agents? 1 Merchantile Agents or Commercial: Commercial agents are defined as an agent having in the customary court of business authority either to sell, consign goods for the purpose of sale or the buy goods or to raise money. 2 Factors: Factor Read More →
Legal – Relation of Principal with 3rd Party
What is Principal’s Relation with 3rd Party? Named Principal: When the agent contract for a named principal: When agent act within authority : In such case principal is bound by the act of his agent. Act beyond agent’s authority : When agent does something beyond his apparent authority, then the Read More →
Legal – Agent’s Personal Liability
What is Personal Liability of An Agent? When contract expressly declares that: Sometimes person contracting with the agent expressly agrees that the agent shall be personally liable. When the agent acts for a foreign principal: Sometimes an agent acts for or on behalf of foreign principal. In such a case he personally Read More →
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