Dealership Agreement - Definition - Law Dictionary Home Dictionary Definition dealership-agreement

Definition :

Dealership agreement, agreement whether is a dealership agreement or agency agreement, determination. Agreement was on principal to principal basis and it was an absolute sale made by respondent in favour of dealers. Dealer is required to make full payment of goods purchased by him forthwith and given cash discount as per length of period of payment. Agreement held to be a dealership agreement and not an agency agreement, Union of India v. Bombay Tyre International Ltd., 2005 (3) SCC 787 [Central Excise Act, 1944, s. 4(4)(d)(ii)]