Section 201 Indian Contract Act 1872 (Termination of agency)
Section 201 Indian Contract Act 1872
Section 201 of the Indian Contract Act 1872 is about Ratification may be expressed or implied. It is under “Revocation of authority” of CHAPTER X of the Act. CHAPTER X is titled AGENCY.
Termination of agency
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.
See also:
Section 200 Indian Contract Act 1872 (Ratification of unauthorized act cannot injure third person)