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Section 206, Contract Act 1872: Notice Of Revocation Or Renunciation

Section 206 under the Chapter X (Agency - Appointment and authority of agents) of the Contract Act, 1872 of India - 'Notice of revocation or renunciation', is reproduced hereunder:—

“Reasonable notice must be given of such revocation or renunciation; otherwise the damage thereby resulting to the principal or the agent, as the case may be, must be made good to the one by the other.”

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