Indian Contract Act,1872

Act No : 9

---

Section : Agent not entitled to remuneration for business misconducted

220.Agent not entitled to remuneration for business misconducted.- Anagent who is guilty of misconduct in the business of the agency is notentitled to any remuneration in respect of that part of the businesswhich he has misconducted. Illustrations (a) A employs B to recover, 1,00,000 rupees from C, and to layit out on good security. B recovers the 1,00,000 rupees; and lays out90,000 rupees on71good security, but lays out 10,000 rupees on security which he oughtto have known to be bad, whereby A loses 2,000 rupees. B is entitledto remuneration for recovering the 1,00,000 rupees and for investingthe 90,000 rupees. He is not entitled to any remuneration forinvesting the 10,000 rupees, and he must make good the 2,000 rupees toB. (b)A employs B to recover 1,000 rupees from C. Through B'smisconduct the money is not recovered. B is entitled to noremuneration for his services, and must make good the loss.

---

Read All Comments

Comments

Quick Links

• Recent Comments
• Recent Citations
• Bare Acts Alphabetically