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Indian Contract Act

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Section 199 of Indian contract Act

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

    LLB Varun

    Section 200 of Indian contract Act

      Ratification of unauthorized act cannot injure third person.— 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… 

      LLB Varun

      Section 201 of Indian contract Act

        Termination of agency.— 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… 

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        Section 202 of Indian contract Act

          Termination of agency, where agent has an interest in subject-matter.— 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… 

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          Section 203 of Indian contract Act

            When principal may revoke agent’s authority.— 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… 

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            Section 204 of Indian contract Act

              Revocation where authority has been partly exercised.— 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… 

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              Section 205 of Indian contract Act

                Compensation for revocation by principal, or renunciation by agent.— 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… 

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                Section 206 of Indian contract Act

                  Notice of revocation or renunciation.— Reasonable notice must be given of such revocation or renunciation, otherwise the damage thereby resulting to the principal or the agent, as the case may be, must be made good… 

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                  Section 207 of Indian contract Act

                    Revocation and renunciation may be expressed or implied.— Revocation and renunciation may be expressed or may be implied in the conduct of the principal or agent respectively. Illustration A empowers B to let A’s house.…