Section 208 of Indian contract Act
When termination of agent’s authority takes effect as to agent, and as to third persons.— The termination of the authority of an agent does not, so far as regards the agent, take effect before it…
When termination of agent’s authority takes effect as to agent, and as to third persons.— The termination of the authority of an agent does not, so far as regards the agent, take effect before it…
Agent’s duty on termination of agency by principal’s death or insanity.— When an agency is terminated by the principal dying or becoming of unsound mind, the agent is bound to take, on behalf of the…
Termination of sub-agent’s authority.— The termination of the authority of an agent causes the termination (subject to the rules herein contained regarding the termination of an agent’s authority) of the authority of all sub-agents appointed…
Agent’s duty in conducting principal’s business.— An agent is bound to conduct the business of his principal according to the directions given by the principal, or, in the absence of any such directions, according to…
Skill and diligence required from agent.— An agent is bound to conduct the business of the agency with as much skill as is generally possessed by persons engaged in similar business, unless the principal has…
Agent’s accounts.— An agent is bound to render proper accounts to his principal on demand.
Agent’s duty to communicate with principal.— It is the duty of an agent, in cases of difficulty, to use all reasonable diligence in communicating with his principal, and in seeking to obtain his instructions.
Right of principal when agent deals, on his own account, in business of agency without principal’s consent.— If an agent deals on his own account in the business of the agency, without first obtaining the…
Principal’s right to benefit gained by agent dealing on his own account in business of agency.— If an agent, without the knowledge of his principal, deals in the business of the agency on his own…