Section 201
Termination of agency
Chapter 11: Agency
An agency is terminated by the principal revoking his authority; or by the agent renouncing the business of the agency; or by the business of the agency being completed; or by either the principal or agent dying or becoming of unsound mind; or by the principal being adjudicated an insolvent under the provisions of any Act for the time being in force for the relief of insolvent debtors.
The Indian Contract Act, 1872 (Act No. 9 of 1872). From the updated text on India Code, with later amendments. Being checked against the official copy; amendment notes are not shown yet.
Related sections
- 198Knowledge requisite for valid ratification
- 199Effect of ratifying unauthorized act forming part of a transaction
- 200Ratification of unauthorized act cannot injure third person
- 202Termination of agency, where agent has an interest in subject-matter
- 203When principal may revoke agent‟s authority
- 204Revocation where authority has been partly exercised