TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Agent's Authority Ends When Notified: Key Points on Termination Under Indian Contract Act, 1872</h1> The termination of an agent's authority under the Indian Contract Act, 1872, is effective for the agent only when they become aware of it, and for third parties when they are informed. For instance, if an agent sells goods before knowing their authority is revoked, the sale remains valid and they are entitled to their commission. Similarly, if a third party pays the agent without knowledge of the revocation, the payment is valid. Additionally, if an agent acts without knowledge of the principal's death, their actions are binding on the executor.
TaxTMI 
TaxTMI 
