B to help you procure specific merchandise from the industry
Situation step one Mr. A appoints Mr. Mr. B refers to certain providers that will supply the merchandise while the wished by the Mr. A, and you will asks the fresh new merchant (Mr. C) to send items and you may topic the fresh new invoice directly to Mr. An excellent. In this situation, Mr. B is becoming brand new procurement agent, possesses by no means inside themselves throughout the also provide or receipt of one’s items. And that, according to the arrangements on the Act, Mr.B is not a real estate agent out of Mr. An as source of merchandise regarding Plan We.
Circumstances dos Yards/s XYZ, a financial organization, appoints Mr. B (auctioneer) so you’re able to auction certain merchandise. The auctioneer organizes for the auction and you may refers to the potential bidders. The highest bid try accepted and also the items are marketed so you can the greatest buyer from the M/s XYZ. The charge with the way to obtain the goods is actually given by M/s XYZ with the effective buyer. Within scenario, the brand new auctioneer simply offering the auctioneering qualities without character played throughout the way to obtain items. (more…)