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        Indian Laws

        Section 218 - Agent's duty to pay sums received for principal

        Indian Contract Act, 1872
        Chapter Xd
        Agents duty to Principal

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        Agent's duty to pay: agents must remit to principals all sums received on the principal's account, except permitted deductions. An agent who receives money on a principal's account is obligated to pay to the principal all sums received, subject only to permitted deductions.
                          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's duty to pay: agents must remit to principals all sums received on the principal's account, except permitted deductions.

                              An agent who receives money on a principal's account is obligated to pay to the principal all sums received, subject only to permitted deductions.


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