https://www.taxtmi.com/acts?id=7283 An agent guilty of misconduct in the business of the agency is not entitled to any remuneration for that part of the business which he has misconducted. He may be paid for properly performed portions but not for the mismanaged part, and must make good any loss caused by his misconduct. Examples: proper recovery and investment merit payment except for the misinvested portion; failure to recover due to misconduct bars remuneration and obliges the agent to compensate the principal. 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=7283 An agent guilty of misconduct in the business of the agency is not entitled to any remuneration for that part of the business which he has misconducted. He may be paid for properly performed portions but not for the mismanaged part, and must make good any loss caused by his misconduct. Examples: proper recovery and investment merit payment except for the misinvested portion; failure to recover due to misconduct bars remuneration and obliges the agent to compensate the principal. Act-Rules Indian Laws Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=7283