The Indian Contract Act

Termination of agency

Termination of agency, where agent has an interest in subject-matter

When principal may revoke agent's authority

Revocation where authority has been partly exercised

Compensation for revocation by principal, or renunciation by agent

Notice of revocation or renunciation

Revocation and renunciation may be expressed or implied

When termination of agent's authority takes effect as to agent, and as to third persons

Agent's duty on termination of agency by principal's death or insanity

Termination of sub-agent's authority


Revocation of authority


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.

LAWGIST

# 201 Termination of agency