https://www.taxtmi.com/acts?id=7265 Where an agent possesses a proprietary or secured interest in the agency's subject-matter, the principal cannot revoke or terminate the agency to the prejudice of that interest in the absence of an express agreement; this protection applies even if the principal becomes insane or dies, and is exemplified by authority to sell property or consignments where the agent may repay advances from proceeds. en-us Sat, 19 Jan 2008 22:45:54 +0530 Sat, 19 Jan 2008 22:45:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=7265 Where an agent possesses a proprietary or secured interest in the agency's subject-matter, the principal cannot revoke or terminate the agency to the prejudice of that interest in the absence of an express agreement; this protection applies even if the principal becomes insane or dies, and is exemplified by authority to sell property or consignments where the agent may repay advances from proceeds. Act-Rules Indian Laws Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=7265