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Varun Kumar Jha

Varun Kumar Jha is a Legal Researcher and the founder of LLB Varun. The content is written and reviewed by , a dedicated legal author with an LL.B. background from Karnataka State Law University (KSLU). You can review and verify the statutory language directly within the Ministry of Home Affairs Official Gazette Document. 🌐 Connect: LinkedIn | Contact Editor.

Section 197 of Indian contract Act

    Ratification may be expressed or implied.β€” Ratification may be expressed or may be implied in the conduct of the person on whose behalf the acts are done. Illustrations (a) A, without authority, buys goods for… 

    Section 198 of Indian contract Act

      Knowledge requisite for valid ratification.β€” No valid ratification can be made by a person whose knowledge of the facts of the case is materially defective.

      Section 199 of Indian contract Act

        Effect of ratifying unauthorized act forming part of a transaction.β€” A person ratifying any unauthorized act done on his behalf ratifies the whole of the transaction of which such act formed a part.

        Section 200 of Indian contract Act

          Ratification of unauthorized act cannot injure third person.β€” An act done by one person on behalf of another, without such other person’s authority, which, if done with authority, would have the effect of subjecting a… 

          Section 201 of Indian contract Act

            Termination of agency.β€” An agency is terminated by the principal revoking his authority; or by the agent renouncing the business of the agency; or by the business of the agency being completed; or by either… 

            Section 202 of Indian contract Act

              Termination of agency, where agent has an interest in subject-matter.β€” Where the agent has himself an interest in the property which forms the subject-matter of the agency, the agency cannot, in the absence of an… 

              Section 203 of Indian contract Act

                When principal may revoke agent’s authority.β€” The principal may, save as is otherwise provided by the last preceding section, revoke the authority given to his agent at any time before the authority has been exercised… 

                Section 204 of Indian contract Act

                  Revocation where authority has been partly exercised.β€” The principal cannot revoke the authority given to his agent after the authority has been partly exercised, so far as regards such acts and obligations as arise from… 

                  Section 205 of Indian contract Act

                    Compensation for revocation by principal, or renunciation by agent.β€” Where there is an express or implied contract that the agency should be continued for any period of time, the principal must make compensation to the…