www.Aaptaxlaw.com
 
 
 

Section 198 - Knowledge requisite for valid ratification, Section 199 - Effect of ratifying unauthorized act forming part of a transaction : Indian Contract Act 1872

 

What is Knowledge requisite for valid ratification? Effect of ratifying unauthorized act forming part of a transaction? Section 198 and 199 of Indian Contract Act 1872

Section 198 of Indian Contract Act 1872 : "Knowledge requisite for valid ratification"

198. No valid ratification can be made by a person whose knowledge of the facts of the case is materially defective.

Section 199 of Indian Contract Act 1872 : "Effect of ratifying unauthorized act forming part of a transaction"

199. A person ratifying any unauthorized act done on his behalf ratifies the whole of the transaction of which such act formed a part.

 

INDIAN CONTRACT ACT 1872

Section 186 - Agent's authority may be express or implied

Section 187 - Definitions of express and implied authority

Section 188 - Extent of agent's authority

Section 189 - Agent's authority in an emergency

Section 190 - When agent cannot delegate

 

 

Sub-agents

Section 191 - Sub-agent defined

Section 192 - Representation of principal by sub-agent properly appointed

Section 193 - Agent's responsibility for sub-agent appointed without authority

Section 194 - Relation between principal and person duly appointed by agent to act in business of agency

Section 195 - Agent's duty in naming such person

 

 

Ratification

Section 196 - Right of person as to acts done for him without his authority

Section 197 - Effect of ratification Ratification may be expressed or implied

Section 198 - Knowledge requisite for valid ratification

Section 199 - Effect of ratifying unauthorized act forming part of a transaction

Section 200 - Ratification of unauthorized act cannot injure third person

 

 

Revocation of Authority

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

Home     About Us     Privacy Policy     Disclaimer    Contact Us  Sitemap