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Section 201, Contract Act 1872: Termination Of Agency

Section 201 under the Chapter X (Agency - Appointment and authority of agents) of the Contract Act, 1872 of India - 'Termination of agency', is reproduced hereunder:—

“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.”

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