Agent self-dealing allows the principal to claim resulting benefits and compel transfer of property acquired by the agent. If an agent, without the principal's knowledge, deals in the business of the agency on his own account the principal is entitled to claim any benefit resulting from that transaction and may require the agent to transfer property acquired in breach of duty to the principal at the price paid by the agent.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Agent self-dealing allows the principal to claim resulting benefits and compel transfer of property acquired by the agent.
If an agent, without the principal's knowledge, deals in the business of the agency on his own account the principal is entitled to claim any benefit resulting from that transaction and may require the agent to transfer property acquired in breach of duty to the principal at the price paid by the agent.
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