Hey Everyone!
In this video the concept of "Contract of Agency" is explained with reference to Termination of Agency (Modes and Effect) alongwith illustrations of the Indian Contract Act 1872.
Following provisions of the Indian Contract Act deals with it :
》Section-201 Termination of Agency
》Section-202 Termination of Agency, where agent has an interest in subject matter
》Section-203 When principal may revoke Agent's authority
》Section-204 Revocation where authority has been partly exercised
》Section-205 Compensation for Revocation by principal, or renunciation by agent
》Section-206 Notice of revocation or renunciation
》Section-207 Revocation and renunciation may be expressed or implied
》Section-208 When termination of agent's authority takes effect as to agent, and as to third parties
》Section-209 Agent's duty on termination of Agency by principal's death or insanity
》Section-210 Termination of sub-agent's authority
My courses
• Law of Torts : • Law of Torts
• Contract Act 1872 (General Contract)
• Contract Act 1872 (Gen...
Link of previously covered chapters is below
1) Contract of Indemnity (Section-124)
• Contract of Indemnity ...
2) Contract of Indemnity (Section-125)
• Contract of Indemnity ...
3) Contract of Guarantee (Section-126)
• Contract of Guarantee ...
4) Essentials of a valid contract of guarantee (Section-127,142,143)
• Essentials of a valid ...
5) Nature of surety's liability (Section-128)
• Nature of Surety's Lia...
6) Rights of Sureties (Section-140,141,145)
• Rights of Surety | Sec...
7) Rights and Liabilities of Co-Sureties (Section-138, 144, 146, 147)
• Rights & Liabilities o...
8) Kinds of Guarantee
• Kinds of Guarantee | S...
9) Discharge of Surety from Liability
• Discharge of Surety fr...
10) Contract of Bailment (Section-148)
• Bailment, Bailor and B...
11) Essentials of a valid contract of Bailment
• Essentials of a valid ...
12) Kinds of Bailment
• Kinds of Bailment | Co...
13) Duties of a Bailor
• Duties of a Bailor | C...
14) Duties of a Bailee
• Duties of a Bailee | C...
15) Rights of a Bailee
• Rights of a Bailee | C...
16) Rights of a Bailor
• Rights of a Bailor | C...
17) Pledge,Pawnor and Pawnee defined
• Section-172 Pledge, Pa...
18) Essentials of Pledge
• Essentials of Pledge |...
19) Who can Pledge
• Who can Pledge | Pledg...
20) Rights of Pawnee/Pledgee
• Rights of Pawnee/Pledg...
21) Rights of Pawnor/Pledgor
• Rights of Pawnor/Pledg...
22) Principal and Agent defined
• "Principal" and "Agent...
23) Types of Agent
• Types of Agent | Sub-A...
24) Modes of creation of Agency
• Modes of creation of A...
25) Rights of an Agent/Duties of a Principal
• Rights of an Agent / D...
26) Duties of an Agent/Rights of a Principal
• Duties of an Agent / R...
27) Liability of Principal towards third persons
• Effect of Agency on co...
28) Liability of an Agent towards third persons (Agent's personal liability when established)
• Effect of Agency on co...
29) Rights of Third Party
• Rights of Third Party ...
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Hope you have enjoyed and learned in an easy way
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#contractact#contractofagency#section182#agencydefined#terminationofagency
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