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Indian Contract Act

LLB Varun

Section 217 of Indian contract Act

    Agent’s right of retainer out of sums received on principal’s account.— An agent may retain, out of any sums received on account of the principal in the business of the agency, all moneys due to… 

    LLB Varun

    Section 218 of Indian contract Act

      Agent’s duty to pay sums received for principal.— Subject to such deductions, the agent is bound to pay to his principal all sums received on his account.

      LLB Varun

      Section 219 of Indian contract Act

        When agent’s remuneration becomes due.— In the absence of any special contract, payment for the performance of any act is not due to the agent until the completion of such act; but an agent may… 

        LLB Varun

        Section 220 of Indian contract Act

          Agent not entitled to remuneration for business misconducted.— An agent who is guilty of misconduct in the business of the agency, is not entitled to any remuneration in respect of that part of the business… 

          LLB Varun

          Section 221 of Indian contract Act

            Agent’s lien on principal’s property.— In the absence of any contract to the contrary, an agent is entitled to retain goods, papers and other property, whether movable or immovable of the principal received by him,… 

            LLB Varun

            Section 222 of Indian contract Act

              Agent to be indemnified against consequences of lawful acts.— The employer of an agent is bound to indemnify him against the consequences of all lawful acts done by such agent in exercise of the authority… 

              LLB Varun

              Section 223 of Indian contract Act

                Agent to be indemnified against consequences of acts done in good faith.— Where one person employs another to do an act, and the agent does the act in good faith, the employer is liable to… 

                LLB Varun

                Section 224 of Indian contract Act

                  Non-liability of employer of agent to do a criminal act.— Where one person employs another to do an act which is criminal, the employer is not liable to the agent, either upon an express or… 

                  LLB Varun

                  Section 225 of Indian contract Act

                    Compensation to agent for injury caused by principal’s neglect.— The principal must make compensation to his agent in respect of injury caused to such agent by the principal’s neglect or want of skill. Illustration A…