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Def.
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Can a Company Reserve Sole Discretion to Settle Distributor Dues in Cash or Goods?
A termination clause letting the company alone decide whether a distributor's outstanding dues are settled in cash or in goods invites challenge under Section 23 of the Contract Act. Why unilateral settlement discretion fails the Brojo Nath Ganguly test, and how to redraft it.
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Def.
Lex-O-Pedia
Can a Company Audit Its Distributor and Recover Overpayments Under Indian Law?
India has no distributor-protection statute, so audit rights, clawback of overpaid amounts, default interest and claim deadlines all stand or fall on drafting. How Sections 72, 74 and 28 of the Contract Act and the three-year limitation period shape enforceable clauses.
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