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PRINCIPAL TO PRINCIPAL CONTRACT, Other Topics

Issue Id: - 5527
Dated: 5-4-2013
By:- MARIAPPAN GOVINDARAJAN

PRINCIPAL TO PRINCIPAL CONTRACT


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Dear Sirs, I want to know the features of PRINCIPAL TO PRINCIPAL CONTRACT and its application. May I kindly be advised in this regard? Regards, M. GOVINDARAJAN

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1 Dated: 11-4-2013
By:- CA GOPALJI AGRAWAL

If as per Contract Act, there is no agency relationship between the parties, then it is treated as principal to principal relationship.Kindly refer the provisions of section 182 onward of the said Act.


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