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Hey Everyone! In this video the concept of "Contract of Agency" is explained with reference to Termination of Agency (Modes and Effect) alongwith illustrations of the Indian Contract Act 1872. Following provisions of the Indian Contract Act deals with it : 》Section-201 Termination of Agency 》Section-202 Termination of Agency, where agent has an interest in subject matter 》Section-203 When principal may revoke Agent's authority 》Section-204 Revocation where authority has been partly exercised 》Section-205 Compensation for Revocation by principal, or renunciation by agent 》Section-206 Notice of revocation or renunciation 》Section-207 Revocation and renunciation may be expressed or implied 》Section-208 When termination of agent's authority takes effect as to agent, and as to third parties 》Section-209 Agent's duty on termination of Agency by principal's death or insanity 》Section-210 Termination of sub-agent's authority My courses • Law of Torts : • Law of Torts • Contract Act 1872 (General Contract) • Contract Act 1872 (General Contract) Link of previously covered chapters is below 1) Contract of Indemnity (Section-124) • Contract of Indemnity | Section-124 (Contr... 2) Contract of Indemnity (Section-125) • Contract of Indemnity | Section-125 (Contr... 3) Contract of Guarantee (Section-126) • Contract of Guarantee defined | Section-12... 4) Essentials of a valid contract of guarantee (Section-127,142,143) • Essentials of a valid contract of Guarante... 5) Nature of surety's liability (Section-128) • Nature of Surety's Liability | Section-128... 6) Rights of Sureties (Section-140,141,145) • Rights of Surety | Section-140,141,145 | C... 7) Rights and Liabilities of Co-Sureties (Section-138, 144, 146, 147) • Rights & Liabilities of Co-Sureties | Sect... 8) Kinds of Guarantee • Kinds of Guarantee | Section-129,130,131,1... 9) Discharge of Surety from Liability • Discharge of Surety from Liability | Contr... 10) Contract of Bailment (Section-148) • Bailment, Bailor and Bailee defined | Sect... 11) Essentials of a valid contract of Bailment • Essentials of a valid contract of Bailment... 12) Kinds of Bailment • Kinds of Bailment | Contract of Bailment (... 13) Duties of a Bailor • Duties of a Bailor | Contract of Bailment ... 14) Duties of a Bailee • Duties of a Bailee | Contract of Bailment ... 15) Rights of a Bailee • Rights of a Bailee | Contract of Bailment ... 16) Rights of a Bailor • Rights of a Bailor | Contract of Bailment ... 17) Pledge,Pawnor and Pawnee defined • Section-172 Pledge, Pawnor, Pawnee defined... 18) Essentials of Pledge • Essentials of Pledge | Section-172 (Contra... 19) Who can Pledge • Who can Pledge | Pledge by non-owners (Con... 20) Rights of Pawnee/Pledgee • Rights of Pawnee/Pledgee | Contract of Ple... 21) Rights of Pawnor/Pledgor • Rights of Pawnor/Pledgor | Contract of Ple... 22) Principal and Agent defined • "Principal" and "Agent" defined | Essentia... 23) Types of Agent • Types of Agent | Sub-Agent, Substituted Ag... 24) Modes of creation of Agency • Modes of creation of Agency | Contract of ... 25) Rights of an Agent/Duties of a Principal • Rights of an Agent / Duties of a Principal... 26) Duties of an Agent/Rights of a Principal • Duties of an Agent / Rights of a Principal... 27) Liability of Principal towards third persons • Effect of Agency on contracts with third p... 28) Liability of an Agent towards third persons (Agent's personal liability when established) • Effect of Agency on contracts with third p... 29) Rights of Third Party • Rights of Third Party | Contract of Agency... **************************************************** Hope you have enjoyed and learned in an easy way **************************************************** #contractact#contractofagency#section182#agencydefined#terminationofagency