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of <h1>Agent's Authority Irrevocable Under Section 202 of Indian Contract Act If Agent Has Interest in Subject Matter</h1> Section 202 of the Indian Contract Act, 1872, stipulates that an agency cannot be terminated if the agent has an interest in the subject matter, unless there is an express contract stating otherwise. This means that if an agent is authorized to manage or sell property and has a financial stake in it, such as recovering debts or advances made, the principal cannot revoke this authority, nor is it terminated by the principal's insanity or death. This provision protects the agent's interest in the subject matter of the agency.
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