Termination of agency, where agent has an interest in subject-matter
अध्याय 11: अभिकरण
यह India Code पर उपलब्ध आधिकारिक अंग्रेज़ी पाठ है। आधिकारिक हिंदी पाठ बाद में जोड़ा जाएगा। धारा का शीर्षक भी अभी आधिकारिक अंग्रेज़ी में है।
Where the agent has himself an interest in the property which forms the subject-matter of the agency, the agency cannot, in the absence of an express contract, be terminated to the prejudice of such interest.
Illustrations.
(a) A gives authority to B to sell A‟s land, and to pay himself, out of the proceeds, the debts due to him from A. A cannot revoke this authority, nor can it be terminated by his insanity or death.
(b) A consigns 1,000 bales of cotton to B, who has made advances to him on such cotton, and desires B to sell the cotton, and to repay himself out of the price, the amount of his own advances. A cannot revoke this authority, nor is it terminated by his insanity or death.
भारतीय संविदा अधिनियम, 1872 (1872 का अधिनियम संख्यांक 9). India Code के अद्यतन पाठ से, बाद के संशोधनों सहित। आधिकारिक प्रति से मिलान जारी है; संशोधन नोट अभी नहीं दिखाए गए।
जुड़ी हुई धाराएँ
- 199Effect of ratifying unauthorized act forming part of a transaction
- 200Ratification of unauthorized act cannot injure third person
- 201Termination of agency
- 203When principal may revoke agent‟s authority
- 204Revocation where authority has been partly exercised
- 205Compensation for revocation by principal, or renunciation by agent