According to § 201 to 210, an agency can terminate in different ways: According to § 205, if the agency is intended for a certain period of time, the client cannot terminate the agency before the expiry of the deadline, unless there is sufficient reason. If he does so, he is obliged to compensate the agent for the damage he has suffered as a result. The same rules apply if the agent renounces an agency for a certain period of time. In this regard, note that lack of competence, constant disobedience to legal orders, and rude or offensive behavior were considered sufficient grounds for firing an agent. In addition, one party must give the other a reasonable period of notice; Otherwise, damages resulting from the absence of such notification must be paid (§ 206). According to § 207, the revocation or renunciation of an agency may be made expressly or implicitly by conduct. Termination takes effect for the intermediary only when it is known to him and against third parties until he becomes aware of the termination (§ 208). Sub-agent designated by an agent to participate on behalf of his or her work. 3. Fraud (Section 17): «Fraud» means and includes any act or obfuscation of material facts or false statements knowingly undertaken by or with his consent or by his representative with the intention of deceiving another party of his representative or inciting him to enter into the Contract.
Mere silence is not fraud. a Contracting Party is not obliged to disclose everything and anything of the other Party. There are two exceptions where even simple silence can be fraud, one is where there is a duty to speak, and then silence is fraud. or if silence in itself is synonymous with speech, such silence is fraud. (j) A contract that is no longer enforceable under the law becomes void if it is no longer enforceable. 40K Voidable Agreement 2(i): An agreement is a voidable contract if, at the option of one or more of the parties (i.e. the aggrieved party), it is legally enforceable and is not enforceable by law at the discretion of others or others. A contract that is directed against public order may be rejected by the court, even if this contract is advantageous to all contracting parties – What considerations and objects are legal and which are not Newar Marble Industries Pvt. Ltd.
Vs. Rajasthan State Electricity Board, Jaipur, 1993 Cr. L.J. 1191 to 1197, 1198 [Raj.] – Agreement on which the object or consideration was contrary to public policy, illegal and void – – What could be better and what more can be an admission that the consideration or object of the compound interest agreement was that the board of directors had evaded the applicant company`s failure to prosecute the crime criminally under section 39 of the Act and that the board of directors had sent the crime to a source of profit or benefit to themselves. This consideration or purpose is manifestly contrary to public policy and, therefore, the compound interest agreement is illegal and void under section 23 of the Act. It is not enforceable against the Society of Petitioners. 7. Contract 2(h): A legally enforceable agreement is a contract. There are other laws in the country that exclude certain people from the contract. They are: – Contract enforcement is a big problem in India, as the legal system can be slow and contentious.
[4] India ranks 163rd out of 191 countries surveyed by the World Bank on treaty ease. [5] (i) An agreement that is enforceable by law at the choice of one or more parties, but not at the option of the other party or parties, is a voidable contract; The Indian Contract Act, 1872[1] prescribes the Contracts Act in India and is the principal law governing Indian contract law. The law is based on the principles of English common law. It applies to all states of India. It determines the circumstances in which the commitments entered into by the Contracting Parties are legally binding. Pursuant to paragraph 2(h), the Indian Contracts Act defines a contract as a legally enforceable agreement. Section 11 of the Indian Contracts Act states that every person is capable of contracting, provided that: 11. Nullity agreement 2j): A contract becomes void if it is no longer legally enforceable.
In law, the relationship that exists when one person or party (the principal) entrusts another (the agent) with acting for him, it.B to do his work, to sell his property, to manage his business. The right of representation therefore governs the legal relationship in which the entrepreneur acts with a third party on behalf of the client. The responsible representative is legally able to act on behalf of this client vis-à-vis the third party. Therefore, the process of concluding a contract by an agent involves a double relationship. On the one hand, agency law deals with the external business relationships of an economic entity and the powers of the various representatives to influence the legal status of the client. On the other hand, it also regulates the internal relationship between the client and the representative and thus imposes certain obligations on the representative (diligence, accounting, good faith, etc.). 2. . . .